Thursday, August 16, 2018
Tags Banks

Tag: Banks

Lenders bet on AI for credit scoring

Banks have to struggle with a lot of challenges – from issuing credit to operational risks Read more: www.finextra.com

AI and machine learning helping banks

Mindtree, a global technology services and digital transformation company, guiding its clients to achieve faster business outcomes, is using artificial intelligence Read more: thefintechtimes.com

Facebook asks banks to share customer data

Facebook has entered discussions with major U.S. banks in an attempt to gain access to customer data, the Wall Street Journal reports. Read more: bankinnovation.net

US challenger Grasshopper Bank hops into view

There’s a new US-based challenger bank in the works, with the name of Grasshopper Bank, and HQ-ed in New York. Read more: www.bankingtech.com

Novae launches all-digital white-label loyalty platform for banks

Novae, a U.S.-based fintech and insurtech firm, announced on Thursday the launch of Novaeplatform, which is described as a user-centric, universal, Read more: www.crowdfundinsider.com

The dangers of a ‘digital first’ strategy in banking

Banks and credit unions that let their “digital first” strategy become “digital only" risk killing their competitive advantage. Read more: thefinancialbrand.com

Should banks let people buy bitcoin with credit cards?

Large card issuers began banning crypto purchases on their cards in February. But FinTechs are allowing consumers to purchase and invest in digital currencies. Read more: www.americanbanker.com

Banks play catch-up in FinTech for small-business clients

A cash management offering by Mastercard and Strand is the latest example of new answers to commercial clients' demands for better digital services. Read more: americanbanker.com

Chatbots to save banks $11 billion in costs by 2023

Bank of America has Erica, Capital One has Eno, Bank of Montreal has Bolt. Safe to say that most major banks are at least exploring the possibility of a virtual assistant. Read more: bankinnovation.net

European banks complete first live blockchain financial trades

We.trade, the blockchain-based financial trade platform jointly developed by nine European banks, has completed first live cross-border transactions. Read more: www.coindesk.com