Though they face an array of competitive threats — from digital currencies to peer-to-peer payment apps — the vast majority of community banks do not have a payments strategy, according to a recent survey.
Interviews with entrepreneurs and techies at the Money2020 Europe conference.
The SEC is determined to make IPOs great again
The $487 million deal would be OceanFirst’s fourth, and largest, acquisition in its home state since 2015.
Apologies to those yearning escapism, but it is hard to escape turmoil — in financial services, in the economy and in civilization — in this year’s reading list. That said, these weighty topics promise to stimulate the mind: How AI will disrupt employment; dystopian imaginings and real-life histories of societal shifts; the necessity of collaboration; bitcoin’s path from obscurity to relevance; the need for leaders to make sacrifices; and more. Recommendations are courtesy of American Banker readers, editorial staff and BankThink contributors.
Project expands long-standing relationship
A global investment management company has selected Zayo Group Holdings, Inc. (NYSE: ZAYO) for a wavelength solution to connect the company’s data centers in the eastern U.S. The project, part of an infrastructure transformation…
At Money20/20 AEVI and Epos Now announced a partnership to bring customizable, cloud-based POS systems to AEVI’s Global Marketplace, the B2B app store for smart business management. This collaboration will allow merchants to operate their POS system away from their premises, while protecting…
The promise of fintech is that it might offer underbanked consumers access to financial products. But some are worried that relying on algorithms to make credit decisions could open up problems of its own.
Enabling peers to compare notes will help ID management specialists at regional, midtier banks who face the same requirements as large banks but command smaller operating budgets, IDPro’s founder says.
With a new core system, Surety Bank plans to connect with customers outside of its geographic market.