News Topic: Microsoft

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 ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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

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

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. ... Read full article

The payments company released a platform made up of nine B2B networks and powered by Microsoft’s Azure. ... Read full article

The bank is rotating teams dedicated to product and service development across its organization to help implement new ideas quicker. ... Read full article

Bankers could see higher costs as cloud computing vendors struggle to protect their systems from the latest hacking vulnerabilities. ... Read full article

We entrust tech firms with vast amounts of information about our daily lives, with an expectation that they will safeguard it. But have we become too casual in the trust we place with them in exchange for more personalized experience and convenience? ... Read full article

The business world has been seeking the benefits of distributed ledgers but worries about security, control, privacy, performance and other issues. Microsoft says its new Coco framework will solve all these and more. ... Read full article

IBM's work with Northern Trust and Hyperledger and Microsoft's alliance with JPMorgan and others show the different approaches the tech giants are taking with the technology. ... Read full article