Banking

Visa launches program to streamline fintech integrations

Visa has launched its Visa Commercial Integrated Partners program to enhance collaboration between fintech companies and financial institutions by providing pre-integrated digital payment...

Digital banks open more new accounts than mega banks

Digital Quontic Bank is tapping digital banking platform Alkami and account origination solution Mantl, bringing in more than $150 million in deposits in...

Klarna hits 100 million users as revenue and onetime costs jump

Klarna Group Plc reported a $92 million pretax loss for the first three months of the year due to onetime costs such as staff...

TD plans to cut about 2% of workforce amid restructuring

Toronto-Dominion Bank said it will cut about 2% of its workforce as part of a restructuring program begun in the second quarter following...

Capital One: ‘Swiss cheese,’ multilayered approach needed to fight fraud

After auto fraud exposure hit record highs in 2024, lenders and dealers are using multilayered fraud-prevention systems and looking to collaborate. A “Swiss...

Teachers FCU sees 75% cut in decisioning time with AI

Teachers Federal Credit Union has reduced its loan decision time by 75% with deployment of Corridor Platforms’ gen AI-powered underwriting tool.  The $9.9...