Microsoft

The tech Sunrise Bank used to quickly dole out PPP loans

06/10/20

After initially processing the loans manually, the Minnesota bank turned to "low code" software to build the electronic forms and workflows needed to approve loan applications. The result: a more than fivefold increase in the number of loans it could process in a day.

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Rescue loan snafu, so long Moven, Fed's Wells dilemma: Top stories of the week

04/03/20

Emergency loan program plagued by chaos on eve of launch; why Moven, one of the first challenger banks, is calling it quits; Fed faces conundrum on whether to remove Wells Fargo's asset cap; and more from this week's most-read stories.

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Microsoft will launch personal finance app with assist from Plaid

04/01/20

The app, set to roll out this month, will be offered to the 38 million Office 365 users and can connect via the data aggregator Plaid to all bank and card accounts.

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Game on: Citizens to finance new Microsoft Xbox program

10/28/19

The bank says the deal will appeal to millennials' preference for installment loans over credit cards and let consumers get an early upgrade to the next Xbox coming out next year.

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Does Amazon-Google-Microsoft hold on the cloud pose a risk to banking?

09/30/19

With financial institutions relying more and more on cloud computing services, Washington is increasingly focused on the concentration of industry data in the big three technology giants.

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OCC can't claim victory despite dismissal of fintech charter suit

09/16/19

A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.

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Unfazed by Capital One breach, KeyBank begins migration to cloud

08/15/19

The bank is moving a large analytics program and a massive amount of data into Google's public cloud, which its tech chief says is more efficient, secure and better able to handle spikes in demand.

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Don’t let AI trigger a fair-lending violation

08/06/19

Banks need to mitigate potential bias in algorithmic predictive models using artificial intelligence, as regulators are weighing how to oversee the emerging technology.

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JPMorgan, Microsoft strike blockchain partnership

05/03/19

The bank is hoping the venture will encourage more companies to use Quorum, the Ethereum-based blockchain it built five years ago.

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Disney executive joins Union Bank to head data insights team

01/22/19

Una Fox will be in charge of using AI and other data-driven technology to figure out what customers want from digital banking and how they want it.

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