SRM released a new report

SRM (Strategic Resource Management), an independent advisory firm serving financial institutions and other industries across North America and Europe, released its most recent report: “Why Every Financial Institution Needs a Fintech Blueprint.” Over 95% of banks and credit unions are dependent on one or more service providers to deliver and update banking services. The market is evolving so rapidly that even institutions possessing an existing digital strategy may be overdue for a refresh. COVID’s aftermath,...

Huntington National Bank expands digital payments

Bank launches Huntington ChoicePay, a business-to-consumer payment solution Huntington National Bank, a subsidiary of Huntington Bancshares, Incorporated (Nasdaq: HBAN) announced today it has acquired Digital Payments Torana, Inc. (Torana), a business-to-consumer payments fintech based in San Francisco. Torana’s digital payments solution, which will launch as Huntington ChoicePay, will further enhance Huntington’s digital capabilities and advance Huntington’s enterprise payments strategy. Torana’s payment solution is a software as a service (SaaS) model built in the cloud and will...

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