Bank technology

TD Bank adopts nCino’s digital lending platform

03/28/18

The Canadian bank becomes the largest institution to implement the fintech firm’s Bank Operating System technology.

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A mortgage in 30 minutes? Fintech says it’s coming

03/28/18

Lenda, launched in 2014, currently makes mortgages start to finish in two weeks. But it's aiming to make it a process that can be finished on a borrower's lunch break.

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Petal, WebBank to launch card for 'credit invisibles'

03/28/18

The fintech is partnering with WebBank to offer a normal-rate, unsecured credit card for people with no credit or a thin file. Petal will consider how much money consumers make, the bills they pay on a monthly basis, and trends in volatility in their income and expenses.

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Can blockchain ease banks’ digital-identity concerns?

03/27/18

A startup called Spring Labs has launched a blockchain network with the goal of getting lenders and data providers to share data to help verify customers' identity.

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Back-office upgrades key to customer-focused banking, survey finds

03/27/18

Operations executives said in a recent survey that they have to modernize their back offices before they can meet their No. 1 goal: improving the customer experience.

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BBVA-backed fintech launches global bank account

03/26/18

Denizen is designed for expats and migrants to receive money and make payments without international transfer fees or currency exchanges.

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Cash or gift card? (Never mind — our AI already knows)

03/26/18

HSBC is letting artificial intelligence software predict the types of reward offers card customers prefer. It's driving up response rates in marketing tests, but the process raises privacy and other issues.

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The reasons U.S. blockchain adoption has stalled

03/23/18

JPMorgan Chase is said to be dropping its Quorum blockchain technology, and little is happening with other blockchain projects that have been in the works for years. What gives?

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Bank of the West, BNP Paribas scout for fintech partners

03/23/18

The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines.

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Are bankers underestimating Amazon?

03/22/18

More than a decade ago, bankers fought Walmart tooth and nail as it made forays into banking. But with Amazon making more moves into financial services, the reaction is very different.

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