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Tag: finance


Activity, Channels, Investment banking

State Street unveils Quantextual Idea Lab for investment research

September 22, 2017

Via: Banking Technology

State Street has launched its Quantextual Idea Lab, a hybrid of machine learning and human knowledge, for improved investment research. According to the firm, investment professionals are inundated with research reports from the sell side, the buy side and academia. […]


Activity, Channels, Investment banking

FactSet wins contract with National Bank Investments

September 12, 2017

Via: Finextra

FactSet, a global provider of integrated financial information, analytical applications and industry-leading services, today announced that National Bank Investments Inc. (NBI) selected FactSet’s multi-asset class risk model, workstation, and analytics suite as its investment risk management and manager due diligence […]


Products, Retail banking

Banks and Credit Unions That Offer Free Checking Accounts

September 11, 2017

Via: GOBankingRates

Whether you‚Äôre looking for your first checking account or want to switch to a different one, the number of choices can be overwhelming. Start by looking for a free checking account. Free checking accounts are a great deal ‚ÄĒ and […]


Activity, Investment banking

First Internet Bank forms alliance with Lendeavor

September 7, 2017

Via: Finextra

First Internet Bank, a pioneer in the branchless delivery of banking services, today announced a national strategic partnership with Lendeavor, Inc., a San Francisco-based technology-enabled lender to healthcare practices. The partnership comprises a loan-purchase agreement and an equity investment in […]


Channels, Products, Retail banking

Bank of America’s New Mobile App Unveils Cardless ATM Withdrawals and PFM Tool

September 7, 2017

Via: Bank Innovation

EXCLUSIVE ‚Äď Bank of America‚Äôs mobile app got a makeover today with a set of new features including a cardless ATM option. On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience […]


Activity, Corporate banking

A key Fed official just admitted the central bank got inflation wrong and so it may delay a hike

September 6, 2017

Via: CNBC

Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu ¬†Fed unlikely to hike rates this year: Clearnomic’s James Liu Fed unlikely to hike rates this year: Clearnomics’ James Liu […]


Products, Retail banking

Bridge Bank Expands InstaMed Credit Facility

September 5, 2017

Via: ABF Journal

InstaMed, a healthcare payments network, expanded its credit facility through a new banking relationship with Bridge Bank. The new partnership will support the accelerated growth of the InstaMed Network of providers, payers and consumers. ‚ÄúThe InstaMed Network is connecting providers, […]


Regulations

Wells Fargo Must Be Cleansed

September 5, 2017

Via: TheStreet

It’s time for a new board and perhaps a new chief executive officer at Wells Fargo (WFC) now that we have found that there were 67% more fraudulent accounts created to inflate earnings than previously thought. The addition of 1.4 […]


Activity, Insurance

U.S. Taxpayers Face Hit From Flood-Insurance Program Drowning in Debt

September 1, 2017

Via: TheStreet

The National Flood Insurance Program is nearly broke, and just at the worst possible time. The U.S. government’s 49-year-old flood-insurance program is about $25 billion in debt, with just $1.7 billion of cash and $5.8 billion of borrowing capacity. And […]


Products, Retail banking

Amex Creates New Tools to Entice Debt-Wary Consumers

September 1, 2017

Via: Bank Innovation

American Express has tailored new features aimed at luring more budget-conscious consumers into taking on credit card debt. The features, announced yesterday, include an option that allows users to separate bigger financial transactions from smaller, everyday purchases ‚ÄĒ separating the […]