Behind Wells Fargo’s foray into quantum computing
The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing. ... Read full article
The bank is testing the emerging technology with IBM in an effort to speed up risk analysis and derivatives pricing. ... Read full article
Flybits is building a marketplace to connect banks with third parties that might want to share data across channels. ... Read full article
The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology. ... Read full article
CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors. ... Read full article
Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where sellers pull buyers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks ... Read full article
The Boston bank said the digital lending platform has cut down the time it takes to deliver loan decisions by roughly 40%. ... Read full article
The London company unveiled FusionFabric.cloud at Money 20/20 Europe this week. ... Read full article
The $142-billion asset bank is attempting to reduce its technology investment expenses. ... Read full article
Nymbus is offering its bank clients a service to create a digital brand under their existing charter in as little as 90 days. ... Read full article
The cloud-based vendor was formerly a division of Live Oak Bank. ... Read full article
Banks that are customers of one or both vendors may look to leverage the situation to get better terms for certain products. But would small clients get enough attention from the global player the merger would create? ... Read full article