Remine Raises $30M in Series A Funding Bank of England FMI Annual Report: The Growth of Fintech Continues to Have...
BB&T announced last week that they were committing $50mn to fintech; the company plans implement what they are calling intelligent automation; plans include AI & machine learning, robotics processing automation, chatbots and virtual assistance & conversational commerce according to TearSheet; the company also announced they are looking at transforming branches and looking to move as much of their business to the cloud. Source.
North Carolina based BB&T has been aggressively cutting branches and staff in the past year as they looking to become...
A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
A potential wave of new banks could start after the successful merger between BB&T and SunTrust; regulatory acceptance and markets...
Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
BB&T is purchasing SunTrust for around $28 billion in an all stock deal; the merging of the banks will create...
The largest bank merger in more than a decade took less than 6 months to complete as both banks came...
Customers of Citizens Financial Group were not able to access only or mobile banking in what the bank said was...
BB&T suffered a technical glitch that knocked out their ATMs, online and mobile banking in February; during a recent earnings call BB&T Chief Executive Kelly King described how they handled the incident and how it effected revenues; there are many lessons other banks can take from BB&T as this will not be the last tech hiccup, ensuring technology is full tested and then tested again is one of the main lessons others can take away. Source.