Wells Fargo analyst warns that 200,000 jobs could be lost as digitization and branch consolidation trends bite

Nearly two thirds believe their bank to be in a strong position, survey shows

Michael Hsu will be deputy comptroller once a permanent nominee is appointed

Digital Dollar Project to launch at least five pilot programs over the next 12 months, funded by Accenture

The pandemic greatly accelerated the technology shift as customers were largely unable or not willing to visit branches in-person

Within this adversity lies an opportunity for banks to revamp their call centers and retain customers

Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase

Last week Bank of America estimated that Americans have $3.5 trillion in their bank accounts they did not have one year ago

Many incumbent US banks are not structured for a new digital shift boosting opportunity for fintechs

Platform will help gig workers and contractors access government Covid-19 support