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USANews RoundupFintech
·Mar. 13, 2019

De Novo Wave Could Follow BB&T-SunTrust Merger

A potential wave of new banks could start after the successful merger between BB&T and SunTrust; regulatory acceptance and markets...
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FintechUSAEuropeNews Roundup
·Feb. 15, 2019

Announcements & Releases for February 15, 2019

Remine Raises $30M in Series A Funding Bank of England FMI Annual Report: The Growth of Fintech Continues to Have...
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News RoundupFintechUSA
·Feb. 8, 2019

Technology Transformation Pushed BB&T – SunTrust Deal

One of the main drivers behind the massive BB&T – SunTrust deal was the pressure to digitally innovate; the banks...
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News Roundup
·Feb. 7, 2019

BB&T Purchasing SunTrust Banks in All Stock Deal

BB&T is purchasing SunTrust for around $28 billion in an all stock deal; the merging of the banks will create...
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News RoundupFintechUSA
·May. 31, 2018

Citizens Latest Outage Shows Growing Pains as Banks Innovate

Customers of Citizens Financial Group were not able to access only or mobile banking in what the bank said was...
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News RoundupFintechUSA
·Mar. 12, 2019

BB&T-SunTrust Complete Deal is Rapid Fashion

The largest bank merger in more than a decade took less than 6 months to complete as both banks came...
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FintechUSAEuropeNews Roundup
·Feb. 13, 2019

Big Banks Say Challengers are Becoming a Serious Threat

A new survey by credit card specialist Fraedom shows that 80 percent of banks believe challengers have impacted their business...
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News RoundupFintechUSAEurope
·Feb. 8, 2019

Announcements & Releases for February 7, 2019

Fiserv unveils new digital mortgage product, giving credit unions a leg up With the $3 billion alternative data industry exploding,...
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News RoundupFintechUSA
·Jan. 18, 2019

BB&T Reinvesting Cost Savings into Digital Upgrades

North Carolina based BB&T has been aggressively cutting branches and staff in the past year as they looking to become...
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News RoundupFintechUSA
·Apr. 23, 2018

Lessons to be Learned from BB&T Tech Glitch

BB&T suffered a technical glitch that knocked out their ATMs, online and mobile banking in February; during a recent earnings call BB&T Chief Executive Kelly King described how they handled the incident and how it effected revenues; there are many lessons other banks can take from BB&T as this will not be the last tech hiccup, ensuring technology is full tested and then tested again is one of the main lessons others can take away. Source.

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