Banking News and Analysis | Banking Dive
WEBCiti’s reorg czar is leaving. Titi Cole, arguably the bank’s highest-profile Black woman, will lead a nonprofit. Citi’s tech chief is out, too. But the bank is hiring a PwC executive to fill both gaps. Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Banking News and Analysis | Banking Dive
WEBCiti’s reorg czar is leaving. Titi Cole, arguably the bank’s highest-profile Black woman, will lead a nonprofit. Citi’s tech chief is out, too. But the bank is hiring a PwC executive to fill both gaps. Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Banking News and Analysis | Banking Dive
WEBFDIC’s Gruenberg offers to resign. The regulator’s chief pledged to lead the agency until a successor is confirmed, “including the transformation of the FDIC’s workplace culture.”. Banking Dive provides in-depth journalism and insight into the most impactful news and trends shaping the banking industry.
Wells Fargo launches new commercial banking platform
WEBDec 5, 2022 · Wells Fargo on Monday announced the launch of a new commercial banking platform — a revamp the San Francisco-based bank says leverages artificial intelligence and machine learning to help clients personalize their accounts. The platform, called Vantage, replaces the bank’s Commercial Electronic Office Portal, or CEO Portal, which it ...
Pandemic widens mobile's lead as preferred way to bank, survey …
WEBOct 26, 2021 · The ABA survey found 33% of bank customers said mobile apps were their preferred banking channel before the pandemic, compared with 44% since. “Digital banking was on the rise long before COVID -19, but the growth in mobile app use accelerated as the pandemic made in-person banking more challenging,” Rob Morgan, the ABA’s senior vice ...
Commercial Banking News | Banking Dive
WEBMay 23, 2024 · Fed, OCC to hold meeting July 19 on Capital One-Discover deal. At $35.3 billion, the acquisition is well above the size that typically sees a public hearing by regulators. Agencies are eyeing tougher merger scrutiny, but that idea has received partisan backlash. By Lynne Marek • May 15, 2024.
What’s in store for challenger banks in 2021? | Banking Dive
WEBJan 25, 2021 · Expect to see more challenger banks introduce expanded product offerings in 2021, Martin said. “The challenger banks that start getting momentum in the marketplace, they’ll start acting more like a traditional bank, in terms of fulfilling more of that wallet share,” Martin said. “It’s interesting that the fintechs start out being ...
Banking Technology News | Banking Dive
WEBMay 22, 2024 · Fed seeks 8,000 financial institutions for FedNow. About 700 financial institutions have connected to the Fed’s instant payment network since last July, with at least 1,000 more in the pipeline, a FedNow official said this week. By Lynne Marek , James Pothen • April 26, 2024.
Huntington dives deeper into Texas | Banking Dive
WEBMar 8, 2024 · Gabrielle Saulsbery Reporter. Dallas at sunset dibrova via Getty Images. Huntington Bank will extend its commercial banking presence deeper into the Lone Star State after launching in the Dallas-Forth Worth area early this year. Local banking industry veteran Clint Bryant will lead Texas as its market president. Bryant took the job in January.
Credit Union News | Banking Dive
WEBMay 17, 2024 · NY credit union eyes a bank purchase in 1st such deal of 2024. The transaction will boost Hudson Valley Credit Union’s assets to roughly $7.4 billion and increase its footprint to 32 full-service branches across the Hudson Valley and Capital Regions. By Rajashree Chakravarty • Jan. 11, 2024.
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