Digital banking

Customers Bancorp suspends planned spinoff of digital bank

10/16/18

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

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OnDeck creates new subsidiary for bank partnerships

10/16/18

ODX will pursue deals with banks that want to use the New York lender’s technology to offer online small-business loans.

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As digital banks proliferate, so do risks

10/15/18

Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.

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Umpqua Bank names first head of innovation

10/12/18

Käthe Anchel is expected to help push Umpqua’s recent focus on what it calls the “human-digital” banking experience.

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JPMorgan’s 3Q offers glimpse of big questions facing banking

10/12/18

The largest U.S. bank's strong third quarter did not insulate its leaders from being pressed about the downside of pricey investments in technology, whether capital rules make commercial lending growth hard for big banks to achieve, and whether another economic downturn is edging closer.

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Valley rebranding caps an eventful year for new CEO

10/11/18

This week’s name change is that latest in a string of moves Ira Robbins has made since he replaced his mentor, Gerald Lipkin, in January.

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What BofA has learned from its Erica rollout

10/11/18

Know how many different ways customers can ask a virtual assistant to move money between accounts? The answer is one of Bank of America’s takeaways from a lot of trial and error this year in launching voice-activated services.

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TD aims for 90% of transactions to be self-serve in digital push

10/11/18

Toronto-Dominion Bank wants customers to complete nine out of every 10 routine transactions on their own within three years.

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No room for rate chasers: Online banks try new pricing strategies

10/10/18

CIT Bank and Simple recently started offering higher yields on the condition that customers make regular contributions to savings. The offers are designed to help the banks avoid rate wars, but some analysts question whether they will appeal to enough consumers.

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This fintech's mission: Don't replace banking, simplify it

10/09/18

Bank Novo isn't a business lender (lots of firms already do that) or an account provider (it has a bank partner for that). Instead, it provides small businesses tools to track and analyze their banking activities.

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