News Topic: Digital Banking 2020

Somerset Trust in rural Pennsylvania has partnered with RoamHR, a financial platform that assists the self-employed, to add tax-withholding help for contract and temporary workers to the bank's services. ... Read full article

The digital bank founded by a former Western Union president offers tools to help low and moderate income people. ... Read full article

The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine. ... Read full article

KeyBank, Regions and others are using self-service portals, robotic processing automation and virtual assistants to digitize the collections process and make it more humane in anticipation of rising delinquencies. ... Read full article

Five banks, including BBVA USA and BMO Harris Bank, and one credit union will begin offering Google-branded bank accounts in 2021. ... Read full article

Heritage Bank and Dime Community Bank are among those financial services firms taking online and app-store reviews seriously. Here’s why all banks should pay attention. ... Read full article

"We can control our destiny," says Colin Walsh, CEO of the challenger bank, which spent more than three years seeking to become a full-fledged bank. ... Read full article

Banks, data aggregators and fintechs have clashed for a decade over how consumers’ bank account data should be shared with third parties. The agency says it will offer a plan, and industry officials have plenty of suggestions already. ... Read full article

The pioneering online lender had long struggled to live up to the hype that drove its early growth, even before the pandemic pushed it to the brink. ... Read full article

The accounting and payroll software provider’s QuickBooks Cash account is fee-free and integrates with other products the company offers small businesses. ... Read full article

Current, Stoovo and other companies are reaching out with low-cost, low-fee financial services and even tools to help users search for part-time jobs. ... Read full article

BBVA and Rockland Trust have taken a highly numbers-driven approach to branch reopenings. All banks are having to rethink their branch networks during the pandemic and beyond, and analytics software is helping. ... Read full article

Finding loan forgiveness programs and keep-the-change loan paydowns are examples of services startups like Savi, Summer and FutureFuel.io are offering banks to help borrowers manage their monthly payments. ... Read full article

Voice and text banking will be embedded in the Minneapolis bank's mobile app through a chatbot assistant that also caters to users with disabilities. ... Read full article

The IBM-BNP collaboration and other new developments show that high-profile breaches haven't deterred banks from using the cloud to store data. ... Read full article

The online lender has already branched out into facilitating payments and analyzing cash flow for small-business customers. Its new checking account is meant to round out those services. ... Read full article

Business models and adaptability will determine the success — or failure — of financial technology companies as they deal with fallout from the coronavirus outbreak. ... Read full article

Fintechs like Greenlight and gohenry have drawn millions of teens with features like savings goal tracking and customizable debit cards. ... Read full article