Many of the major US banks are now adopting digital strategies into their business; Lend Academy shares progress from JPMorgan, Bank of America, Wells Fargo, Citi and Goldman Sachs. Source
Citigroup CEO Michael Corbat said the bank was working to develop their own portal to help push capital to small...
According to a new study by Accenture 7 out of 10 consumers would be reluctant to share their Information with third party providers; Citi recently published a study pointing to three main reasons that wide scale adoption will take longer; reasons include slow consumer adoption, fragmented market for new open banking services and the ability for payment providers to adapt to new rules; thus far open banking has been slow but big banks like Lloyds Banking Group and RBS have made big tech investments anticipating the change will happen over time. Source.
In the biggest webinar of the new year, three credit experts went live Thursday in front of the LendIt audience to talk about the future of AI analytics in credit.
More than 24 million mortgage loan documents were exposed online after the vendor OpticsML, who works with banks, had their server...
The Linux Foundation has agreed to acquire the Fintech Open Source Foundation (FINOS) and will allow the group to operate...
As the digital asset market has matured, incumbents are starting to take notice. Citi announced a partnership with METACO to establish digital asset capabilities.
Citi has pledged to digitize every aspect of their business and so the company has started to text the idea...
Banks are starting to see the reward for offering advice through digital channels with the results of a new survey...
The paper found 34 percent of Americans are considered financially healthy: leaving out 187 million who are still getting by or vulnerable.