Three quarters of banking executives believe adoption of new technologies will differentiate between the industry’s winners and losers
Managing data for financial services
$511 billion has been borrowed through the PPP, with smaller banks and lenders accounting for half of all loans
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust
The merger was delayed due to the impact of COVID-19, but is now expected to complete this year
Policymakers have agreed to give companies using the PPP more flexibility reflecting the continued economic challenges of COVID-19
Users, both remote and local, require direct access to the internet for cloud and Security-as-a-Service (SaaS) applications
Facing unyielding competition from new players, banks are on a quest to optimize customer profitability
Schwab announced its plan to buy TD Ameritrade late last year, prompting the DOJ’s Antitrust Division to launch an investigation
The COVID-19 pandemic is likely to set back merger and acquisition (M&A) plans in the US banking sector at least in the short term