Search Results for: big banks

More Than Half of Millennials Happy to Opt for Digital-Only Banks
Banking Digital Mobile Banking News

More Than Half of Millennials Happy to Opt for Digital-Only Banks

Fintech News Desk
by Fintech News Desk0
More than half of millennials are happy to switch to or already have a digital-only bank, according to a new poll from deVere Group The results from a deVere Group global poll of 550+ clients born between 1980 and 1996 show that 59% of those surveyed already only ever use......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Are Some Banks on Wrong Side of History on Cryptocurrencies?
Banking Economy Featured

Are Some Banks on Wrong Side of History on Cryptocurrencies?

Sudipto Ghosh
by Sudipto Ghosh0
Banks and other financial institutions who still refuse to recognize major cryptocurrencies, such as Bitcoin, as a legitimate asset class are putting themselves on the wrong side of history, says the CEO of one of the world’s largest independent financial advisory and fintech organizations. Read More: Global Fintech Interview with Michael......
Despite Digital Acceleration, Banks Still Lack Ability to Achieve Peak Productivity from Technology Investments, Accenture Report Finds
Banking Digital News

Despite Digital Acceleration, Banks Still Lack Ability to Achieve Peak Productivity from Technology Investments, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Scaling digital technologies will be crucial for banks to achieve “future-ready” operations A new report by Accenture found banks must extend and scale digital technologies across operations to achieve future-readiness while facing rising consumer expectations and regulatory requirements. “Leading banks can harness change by capitalizing on the combination of human ingenuity......
Celsius Strengthens Its Executive Leadership Team With Key Hires From Big Banking
Banking Cryptocurrency News Risk Management

Celsius Strengthens Its Executive Leadership Team With Key Hires From Big Banking

Fintech News Desk
by Fintech News Desk0
Celsius announces Rodney Sunada-Wong as Chief Risk Officer and Vijay Konduru as Chief Marketing Officer and Head of Analytics Celsius, the industry-leading cryptocurrency rewards-earning platform, announces Rodney Sunada-Wong as Chief Risk Officer and Vijay Konduru as Chief Marketing Officer and Head of Analytics. Reaching a milestone of over $10 billion in digital assets earlier this month, Celsius......
FiVerity Secures $2M Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers
Finance Fintech News

FiVerity Secures $2 Million Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers

Fintech News Desk
by Fintech News Desk0
FiVerity’s Machine Learning-Powered Platform Addresses Fast-Growing Types of Cyber Fraud and Other Rapidly Expanding Financial Crimes  FiVerity, Inc., a leading provider of cyber fraud detection and threat intelligence, announces today that it closed a $2 million round of financing to expand its cyber fraud detection and threat intelligence platform, which addresses......
Abrigo's 2021 ThinkBIG Conference Goes Virtual
Business Digital Fintech News

Abrigo’s 2021 ThinkBIG Conference Goes Virtual

Fintech News Desk
by Fintech News Desk0
Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions, announced today that its annual ThinkBIG conference set for May 25-27 will now be held virtually. While Abrigo had planned to offer both in-person and virtual options to registrants, the company has decided to......
Biggest Fintech Mergers and Funding News from Jan 2021
Banking Digital Featured Fintech Fintech Funding

Biggest Fintech Mergers and Funding News from Jan 2021

Fintech News Desk
by Fintech News Desk0
Where 2020 was not a good year for most industries, the Fintech market marked a high growth curve as businesses, process, and even daily lives went virtual. In the absence of physical contacts, individuals relied heavily on the virtual services to disburse and access funds. This is where Fintech solutions......
COVID-19 Forced U.S. Middle Market Companies to Embrace Digital Banking; That Could Be Bad News for Regional and Community Banks
Banking Business Fintech News

COVID-19 Forced U.S. Middle Market Companies to Embrace Digital Banking; That Could Be Bad News for Regional and Community Banks

Fintech News Desk
by Fintech News Desk0
Greenwich Associates announces winners of 2020 Greenwich Excellence, Best Brand and Share Leader Awards in U.S. Middle-Market Banking Regional and community banks scored points with U.S. middle-market companies last year by leveraging their high-touch service models to provide support during the COVID-19 crisis. Regional banks dominate the list of 2020......
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