Category: Doing Business Overseas

Lindsay Holden, head of Truist Foundry and co-founder of fintech Long Game, will present during the session “Ideation in banking – The art of generating new ideas for products, processes and strategies” at the Bank Automation Summit U.S. 2023 on Thursday, March 2 at 11:15 a.m. ET. Lindsay Holden, head of Truist Foundry, Truist Holden…

As banking as a service (BaaS) nears mainstream adoption, there is a significant opportunity for banks to join the BaaS ecosystem, develop new relationships with fintech firms and create new revenue streams for themselves at the same time. Amit Dua, president, SunTec The mobile industry is one sector where we will see BaaS become readily…

Banks are considering where to invest in 2023 to meet client needs, ranging from digital offerings to customer experience.  Understanding the priorities of a vast client base can help large banks like $1.8 trillion Wells Fargo decide which products or services are needed, as well as strategy for the year ahead, Reetika Grewal, executive vice…

The recent collapse of crypto exchange company FTX might have banks and fintechs reevaluating their partnership-vetting processes in 2023 to avoid potential reputational damage. “As a result of the recent circumstances arising in the digital asset space, it may lead to a phase of tread with caution [for partnerships],” Tejus Oza, managing director, North America…

Open banking, augmenting the customer experience (CX), and AI were key themes across Bank Automation News’ most popular “The Buzz” podcast episodes in 2022. Listen as the BAN editorial team talks through the issues that will continue to impact the financial services industry in the year ahead. The three most played podcasts of the year:…

As your financial institution compares tools, technologies and partnerships that will help you scale in the coming years, there are many aspects to weigh when evaluating a potential vendor. Here are five important factors to keep in mind as you consider changes for your financial institution. Agility As our digital and economic landscape continues to…

Financial institutions looking to modernize their internal systems in 2022 have often turned to fintech acquisitions or partnerships for cloud computing, digital banking, robotic process automation, payments capabilities and more. Here are Bank Automation News’ five most-read transaction stories of 2022: 1. Envestnet acquires business intelligence firm Truelytics Wealth management giant Envestnet acquired business intelligence…

Technological innovation has taken the auto industry by storm since the start of the COVID-19 pandemic by automating lending operations and addressing consumer pain points in the car-buying process to improve the end-to-end purchasing experience. In 2022, lenders continued to launch new programs, form new partnerships and leverage automation to expand capabilities and efficiency. Here…

Financial institutions today are teetering into a Nash Equilibrium. Mike Butler, CEO, Grasshopper A Nash Equilibrium, named for mathematician John Nash, occurs when players in a game can fully anticipate the choices of other players. When all players’ actions are considered, everyone is able to achieve their objectives. Every player wins. The concept was a…

Purchasing platform Teampay raised $47 million in Series B funding earlier this month. The New York-based fintech is a spend management platform that allows companies to request, approve and track expenditures in real time, according to Crunchbase. Teampay will use the funding toward advancing its go-to-market strategy, expand its workforce and prioritize its recent partnership…