Digital banking

This de novo wants to be the go-to bank for fintechs

11/24/20

CEO Wendy Cai-Lee says Piermont Bank can do it all for financial technology firms: be their commercial banker, be their banking-as-a-service provider and develop APIs and other cutting-edge products for them.

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How Scotiabank weeds ageism out of digital banking

11/24/20

Shawn Rose, chief digital officer, and Holly Pontisso, vice president of customer experience at Scotiabank at Toronto, share how they have adapted their digital offerings for people over 50, including making sure ageist attitudes don’t creep into digital channels or messaging.

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Why Citi and Seattle Bank joined Google Pay

11/23/20

The megabank and community bank recently announced they're offering accounts through the payment app. Both gave similar reasons: They need big tech to help them attract new customers.

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A digital bank for the LGBT community

11/20/20

Daylight's initial product lineup includes a prepaid debit card with the customer’s chosen name and educational content around issues unique to LGBT households.

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With bank charter in hand, Varo sweetens its offerings

11/19/20

The company's new relationship with Billshark highlights its quest for partners that can deliver financial management products to complement its banking services.

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Proposed digital bank to target Gen X customers

11/19/20

American Challenger Bank would offer consumer and commercial products using technology from Temenos. Organizers recently applied with the FDIC for deposit insurance.

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CDFIs plug tech holes to close wealth gaps

11/19/20

Community development financial institutions, which tend to be less digitally savvy than traditional banks and credit unions, are developing online-lending platforms and automating backroom processes with investments and technical assistance from big banks, high-tech firms and other sources.

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Federal Trade Commission files complaint against Beam Financial

11/18/20

The complaint charges the fintech startup with misleading customers about the interest they'd receive on deposits and the level of access to their money. It seeks an unspecified amount of consumer relief in addition to other remedies.

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Challenger bank Bella to promote pay-it-forward mentality

11/18/20

The startup, created in partnership with conversational AI platform LivePerson, will encourage users to send sums of money to strangers.

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Moven and Q2 partner to help small banks compete with challengers

11/18/20

The two companies have worked together to provide a banking app that community banks can implement and deploy in 30 days.

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