Banking

Bank branches are here to stay regardless of the desires of financial institutions to cut the costs of maintaining them in the face of fierce neobank competition.

A look at the investment and acquisition deals of 2018.

Another 12 banks have joined the blockchain consortium led by startup R3 CEV.

Now hop on to SmartDeposit, the new feature from Betterment that offers an automated investing solution for excess cash in your bank account.

Neobanks are providing a digital version of traditional banking and innovatively working on building customer-centric products as part of their collective mission to build trust in new-age FinTech banking services.

In FinTech, as in many other areas of technology, there has been a focus on making legacy products more mobile, more transparent, and less expensive.

Ripple announced today that several global banks are joining forces to establish the first interbank group for global payments based on distributed financial technology.

The financial services industry is still finding its footing in open banking.

The cost of misconduct is defined here as costs borne by banks in connection with imposed penalties, paid settlements, costs of regulatory proceedings, customer compensation, and other relevant costs.

The largest financial institutions in the US have been involved in one way or another in bringing artificial intelligence into operations and customer-facing functions.

As payment technology evolves, FinTech startups are more imaginative in making money-handling easier for consumers.

Machine learning is one of the most important and powerful types of AI. Blind straight algorithms can never be as beneficial for businesses and society as the ones that can learn and adapt to inputs and trends.