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— New Nium API-based Crypto-as-a-Service platform is the first to allow financial institutions to integrate popular crypto capabilities into their financial applications, including the ability to buy, sell, and hold the most popular digital assets; future service elements will allow for stablecoin wallets, as well as crypto acceptance — Nium also expands its comprehensive suite of global Banking-as-as-Service solutions, adding card issuing capabilities in the U.S. Nium, a leader in global payments and card issuance...

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Digital Commerce Bank (“DCBank” or the “Bank”) today announced that it has partnered with My First Bicycle Foundation (“My First Bike” or the “Foundation”) in a charitable corporate giving initiative over the next five years. Through the partnership, My First Bicycle Foundation will be the official charity of the Bank, with the Bank donating exclusively to the Foundation’s bicycle program in Canada. “We are excited to partner with My First Bicycle Foundation, which allows us...

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Few banks are disclosing the number of AI users that engage with their chatbots.   Why?  Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot.   ERICA has been in use for about 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 400 consumers of banking products and services to find out the resistance to AI in 10 Southeast and Midwest...

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According to a new market research report “Digital Banking Platforms Market by Component (Platforms and Services), Banking Type (Retail Banking, Corporate Banking, and Investment Banking), Banking Mode (Online Banking and Mobile Banking), Deployment Type, and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Digital Banking Platforms Market size is expected to grow USD 8.2 billion in 2021 to USD 13.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period. The Digital Banking Platforms Market...

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Arvest Bank (Arvest) today announced it is working with Thought Machine and Accenture to adopt a next generation core banking platform to support the bank’s multi-year transformation strategy. Thought Machine’s cloud-native core banking engine, Vault, will provide Arvest with the capabilities to build personalized, real-time banking services. “Since our founding nearly 60 years ago, Arvest has been committed to serving our customers and communities by helping them find financial solutions for life,” Arvest president and...

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