Truist exec shares 3 S’s of embedded finance
Consumers and business owners alike are looking for seamless, fast access to payments and information, and this is what financial institutions hope to...
Movers and shakers: Citi hires Pankaj Goel to co-lead technology investment banking
Citi hired Pankaj Goel to co-lead technology investment banking. Goel joins Citi from JPMorgan Chase, where he was global chair of technology investment banking, Bloomberg reported July 29. He also...
European banks tout Q2 AI adoption
Barclays, HSBC, Lloyds and NatWest reaped the benefits of AI in the second quarter, with the financial institutions reporting improved efficiencies with the...
Santander tech spend down 10% QoQ, but efficiency up
Santander Bank is increasing efficiency and boosting sales even as it cut its technology spend by 10% in the second quarter. “We are...
SoFi’s ‘one-stop shop’ strategy yields results
SoFi remains committed to investing in its tech stack to gain customers and to provide that tech to other FIs. “Our one-stop shop...
PayPal invests in AI, crypto in Q2
PayPal’s new global platform, PayPal World, will be equipped with agentic AI and stablecoin, and connect payments systems with multiple digital wallets.  ...