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Tag: Featured


Capital and risk, Credit

States that voted for Trump more likely to have growing credit-card debt

February 14, 2018

Via: Market Watch

American households are falling deeper into debt, reaching another all-time high last year of more than $1 trillion in outstanding revolving credit — also known as credit-card debt. That’s a 6% jump from the year before and a 20% increase […]


Activity, Investment banking

Top U.S. Banks Are Investing Most in Personal Finance Fintechs

February 13, 2018

Via: Bank Innovation

For all buzz around cryptocurrency and blockchain technology, surprisingly, the top U.S. banks have not been investing as much in these areas as much as one might have thought. The top areas of interest for the major U.S. banks when […]


Activity, Capital and risk, Macroeconomic, Trading

We must stop this out-of-control trading or the US capitalist system will break down

February 12, 2018

Via: CNBC

Real harm is being done by out-of control trading. Market volatility is an outrage for Americans who have trillions of their dollars in 401(k) and other retirement and savings plans. Market volatility is an outrage for companies that hope someday […]


Channels, Products, Retail banking

For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says

February 9, 2018

Via: Bank Innovation

EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to be successful, banks should avoid getting bogged down in one specific technology trend, BNY Mellon told Bank Innovation. Michael Bellacosa, […]


Business banking, Products

Goldman Sachs in Talks with Apple to Help Finance Sales for iPhone X

February 7, 2018

Via: Bank Innovation

Wall Street bank Goldman Sachs could potentially finance users who wish to purchase an iPhone X, according to the Wall Street Journal, which reported that the firm is in talks with Apple to offer such financing this morning. Potential iPhone […]


Capital and risk, Operational, Uncategorized

US charges two over ATM jackpotting scheme

February 6, 2018

Via: Finextra

US authorities have charged two men with bank fraud after they allegedly used malware to jackpot ATMs and empty the machines of cash. Last week it emerged that the US Secret Service has been warning banks and ATM manufacturers that […]


Activity, Corporate banking

US asset managers shake up equity research as banks shrink their budgets

February 5, 2018

Via: CNBC

As new rules spur Wall Street banks to further shrink their research budgets, U.S. asset management firms are shoring up in-house research, and reinventing the stockpicking business in the process. Fund managers are eschewing the traditional model of teams built […]


Capital and risk, Channels, Operational

Robotic Process Automation: Taking the Robot out of the Human

February 5, 2018

Via: Finextra

As Business Process Management (BPM) continues to develop, one of the most exciting and high profile aspects of it is that of Robotic Process Automation (RPA). RPA is transforming organisations across all industries, leading experts to believe that it is […]


Capital and risk, Credit

Salesforce invests in nCino

January 31, 2018

Via: Finextra

NCino, the worldwide leader in cloud banking, today announced that its customer portfolio now includes more than 180 financial institutions across multiple countries, including 10 of the top 30 U.S. banks by asset size and Navy Federal, the world’s largest […]


Capital and risk, Macroeconomic

Trump’s first State of the Union highlights economy – but what’s the real state of the American wallet?

January 31, 2018

Via: Market Watch

President Donald Trump’s first State of the Union speech highlighted the soaring stock market and rock bottom unemployment. With consumer confidence at a 17-year high and employees bragging about their 401(k) balances on social media, Trump sounded an upbeat note […]