Banking

Lendbuzz automates over 50% of originations

The majority of AI-driven auto lender Lendbuzz’s originations are automated, thanks in part to AI tools and an ability to optimize repetitive, manual tasks in...

Crypto market gets major win as Congress passes stablecoin bill

Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and clearing the way...

Podcast: Piermont Bank CEO Cai-Lee on tapping the $7T embedded finance market

Piermont Bank built its own proprietary API platform to allow companies to tap its embedded finance services, a market that is expected to...

Truist’s financial management tools see 40% jump in usage

Truist Financial is reaping the benefits of its tech investments as it sees increased adoption of its digital onboarding and personal financial management...

Bank of America still gauging stablecoin demand

Bank of America isn’t ready to roll out stablecoin yet though JPMorgan and Citi both reported during their second-quarter earnings calls this week...

Banks mulling stablecoin consortium, Citizens execs say

Citizens Bank is evaluating its own place and strategy in the stablecoin realm as U.S. financial institutions  await regulatory clarity.  “It’s early …...