Banking

Transactions: Fintech Akuvo signs 15 financial institutions in Q2

The Pennsylvania State Employees Credit Union has tapped fintech Akuvo for debt management and collections services.  PSECU selected Akuvo for its ability to...

Inside Capital One’s innovation, patent strategy

Big banks are positioning themselves as technology companies — and they have the patent portfolios to prove it.  Investments in technology in the...

Grasshopper clients ask for AI-driven insights

Grasshopper Bank is listening to client demand as it launches an AI-driven personalized financial management solution for its business clients.  The digital bank...

BMO launches two AI tools in fiscal 3rd quarter

BMO is investing in AI and launching new solutions to build deeper relationships with clients.  “We’re seeing tangible value from AI in several...

Public fintechs outperforming a record stock market

Even as the U.S. stock markets reach new highs seemingly every week, fintech stocks are outpacing them.  F-Prime’s Fintech Index, which tracks publicly...

Boosted inflation – using machine learning to make sense of non-linear determinants of inflation – Bank Underground

Marcus Buckmann, Galina Potjagailo and Philip Schnattinger Disentangling the sources of high inflation, exceeding inflation targets in the post- pandemic period, has been...