Category: Trade & Industry

U.S. Bank has rolled out automated direct deposit switching capabilities, allowing customers to connect or switch their payroll deposit account in near-real time. The feature is available to U.S. Bank Smartly Checking or Safe Debit checking accounts and was launched last week in partnership with fintech Atomic to make it easier for clients to switch…

The Finovate Awards are back! The fintech ecosystem continues to thrive despite strong headwinds from a variety of places, and we’re ready to recognize the companies and individuals that have excelled over the past year by driving innovation forward and bringing new ideas to life. We’re excited to announce that the nomination window for the…

Bank of America, JPMorgan Chase and Wells Fargo are among seven banks teaming to launch a digital wallet in the second half of the year to rival Apple Pay.  As the new digital wallet is rolled out in North America, customer experience should be at the forefront, as use of digital wallets is already high.…

Oracle launched Banking Cloud Services, a suite of six services to help banks modernize their offerings. Banks can mix and match the services and use them as standalone capabilities or incorporate them within their existing infrastructure. Oracle has financial services clients in 140 countries and manages risk for 24 of the 28 top systemically important…

Fiserv introduced new offerings in 2022, including access to data through its Open Data solution, expanded capabilities through enterprise omnichannel solution Carat and a cloud-native banking solution through its acquisition of Finxact. WHY IT MATTERS: Fiserv’s new product offerings, acquisitions and Q4 wins allowed the company to weather uncertain economic conditions in the U.S., Frank…

Customer engagement innovator Larky has teamed up with Wisconsin-based Forward Bank. Courtesy of the partnership, Forward Bank has integrated Larky’s nudge push notifications into its banking app. Nudge provides personalized, timely push notifications and can increase customer engagement by 7x compared to traditional marketing methods. Larky, a fintech that specializes in helping banks and other…

When every year is declared the year of the customer, it means more firms are motivated to upgrade their customer service technology. That may be why Listerhill Credit Union selected digital customer service company Glia to overhaul its digital customer service technology. “Glia has enabled us to provide online service that mirrors our personalized, in-branch…

San Juan, Puerto Rico-based FV Bank has added cross-border payment capabilities to its digital banking offerings to encourage customer retention.   The new feature from the private digital bank runs on APIs and can send seven types of currency including U.S. dollars, euros, yen and cryptocurrency to 150 countries, according to an FV Bank release.  “At…

Several technology leaders from PNC Financial Services are joining the Bank Automation Summit U.S. 2023 event to discuss their approaches to automation: Tom Lang, executive vice president and head of treasury management products and operation, Matthew Barrett, AI and intelligent automation manager, and Scott Kinross, senior vice president and software engineering director. View the full…

Finovate VP and host of the Finovate Podcast Greg Palmer (@GregPalmer47) recently sat down with James Robert Lay of the Banking on Digital Growth podcast. The two talked about a wide range of topics, from Finovate’s return to live, in-person fintech conferences to the challenges of building a truly people-focused fintech business in a post-COVID…