The largest bank merger in more than a decade took less than 6 months to complete as both banks came...
One of the main drivers behind the massive BB&T – SunTrust deal was the pressure to digitally innovate; the banks...
A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
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.
Remine Raises $30M in Series A Funding Bank of England FMI Annual Report: The Growth of Fintech Continues to Have...
Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
North Carolina based BB&T has been aggressively cutting branches and staff in the past year as they looking to become...
Customers of Citizens Financial Group were not able to access only or mobile banking in what the bank said was...
BB&T is purchasing SunTrust for around $28 billion in an all stock deal; the merging of the banks will create...
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.