Digital Banking News & Media

Bank of America virtual assistant Erica sees 1B interactions

October 25, 2022

Bank of America is reporting that Erica, it's virtual financial assistant, has seen 1 billion interactions with clients. First launched in 2018, the AI…

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Citizens intros deposit accounts for carbon offsetting

October 24, 2022

Citizens has launched a Carbon Offset Deposit Account to help corporate clients reduce carbon footprints. Clients can use the accounts to acquire carbon…

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DeSo intros app for cryptocurrency fundraisers

October 20, 2022

DeSo Foundation, a blockchain developer, has raised $200 million for its blockchain services, and it also launched DAODAO, an app for fundraisers. With this…

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Merrill Wealth Management intros financial advisor platform

October 19, 2022

Merrill Wealth Management has introduced Merrill Advisor Match, a platform that matches customers with a financial advisor. The platform offers a set of…

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Why mobile apps need to deliver entire banking experience

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

In an age where customers are more willing than ever to switch banking providers, banks need to step up their game when it comes to mobile apps.

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Mastercard to offer cryptocurrency trading for banks

October 18, 2022

Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…

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Regions Bank unveils digital payments solution

October 17, 2022

Regions Bank has unveiled a digital payment solution, through its iTreasury platform, that allows corporate banking clients to send payments through the…

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Webinar analyzes findings of 2022 ATM and self-service software trends report

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

As banks have had to make adjustments in light of COVID-19 and customer expectations, they have had to rely more, not less, on self-service channels, including…

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Strike raises $80M in funding round

October 14, 2022

Strike, a digital payments platform built on the Bitcoin Lighting Network, has raised $80 million in a funding round led by Ten31. It will use the funds to…

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Bank of America to deposit $100M for minority-owned businesses

October 13, 2022

Bank of America will add $100 million in low-cost deposits to minority depository institutions, which will in turn provide banking services in minority and…

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Infovisa expands partnership with Fifth Third

October 12, 2022

Fifth Third Institutional Services, a division of Fifth Third Bank, has expanded its partnership with Infovisa, a fintech solutions provider. Through the…

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Bank of America expands payments to euro

October 12, 2022

Bank of America's payments solution, Pay by Back, is now available for euro transactions through a partnership with Banked Ltd. The open banking platform…

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Quaint Oak Bank to boost lending strategy with automated tools

October 7, 2022

Quaint Oak Bank, based in Pennsylvania, has partnered with Teslar to improve its commercial lending strategy. The bank will utilize Teslar's automated workflow…

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Chase partners with DoorDash, Mastercard to launch credit card

October 7, 2022

JPMorgan Chase has partnered with DoorDash to launch a credit card, with Mastercard acting as the exclusive payments network. This DoorDash Rewards Mastercard…

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Byline Bank to offer blockchain-based payments

October 6, 2022

Byline Bank, a Chicago-based financial institution, has partnered with Tassat Group Inc. to deliver TassatPay, a blockchain-based payments platform, for…

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3 trends to watch with bank branches

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Bank branches are evolving in a myriad of ways. Here are three trends to watch.

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Visa exec talks the future of banking, ATM evolution

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Clinton Cheng, VP, global head of Visa/PLUS ATM Network, took a deep dive into banking during the closing keynote at the Bank Customer Experience Summit.

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Bank of America study reveals financial wellness tools reduce employee attrition

September 29, 2022

A majority of employers, 84%, report financial wellness tools can reduce attrition and 81% said the tools attract better employees, according to Bank of…

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KeyBank intros services to help clients avoid overdraft fees

September 28, 2022

KeyBank has introduced its Key Coverage Zone, which will eliminate overdraft fees for customers that overdraw their accounts by $20 or less. In addition, the…

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Balance Money intros digital banking

September 27, 2022

Balance Money, a fintech company, has launched a digital banking service, called Balance Money, to help users with budgeting.

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