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Alex Jimenez@[email protected]

Huntington launches small-biz operating platform

“We have a desire to have the most compelling value proposition for small businesses in the country,” Huntington President Brant Standridge said of the bank’s #AI-powered 1866 Studio.

https://www.bankingdive.com/news/huntington-launches-small-biz-operating-platform/833339/

#FinTech #FinServ #Banking

Banking DiveHuntington launches small-biz operating platform“We have a desire to have the most compelling value proposition for small businesses in the country,” Huntington President Brant Standridge said of the bank’s AI-powered 1866 Studio.
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Alex Jimenez@[email protected]

Fifth Third CEO downplays risk from #AI agent Muse

“Incumbents have a lot of leverage here, provided that we respond,” Tim Spence said Monday during the Cincinnati-based regional bank’s earnings call.

https://www.bankingdive.com/news/fifth-third-ceo-downplays-muse-risk-ai-agent-deposits/833340/

#FinTech #FinServ #Banking

Banking DiveFifth Third CEO downplays risk from AI agent Muse“Incumbents have a lot of leverage here, provided that we respond,” Tim Spence said Monday during the Cincinnati-based regional bank’s earnings call.
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Alex Jimenez@[email protected]

Investment bank Evercore names 2 co-presidents

Nigel Dawn and Naveen Nataraj will ascend to the tier below the top executive, but one may have to wait to take the reins: CEO John Weinberg agreed to stay at least three more years.

https://www.bankingdive.com/news/evercore-names-2-co-presidents-dawn-nataraj-weinberg-3-years-altman/833369/

#FinTech #FinServ #Banking

Banking DiveInvestment bank Evercore names 2 co-presidentsNigel Dawn and Naveen Nataraj will ascend to the tier below the top executive, but one may have to wait to take the reins: CEO John Weinberg agreed to stay at least three more years.
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Alex Jimenez@[email protected]

IRS finalizes rules for paying taxes via credit and debit cards

Discover how new federal regulations allow the IRS to bypass third-party payment processors.

https://www.accountingtoday.com/news/irs-finalizes-rules-for-paying-taxes-via-credit-and-debit-cards

#FinTech #FinServ #Banking #Payments #PayTech

Accounting TodayIRS finalizes rules for paying taxes via credit and debit cardsThe final regulations allow the IRS to directly accept payments of tax by credit or debit card, without connecting taxpayers to third-party payment processors.
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Alex Jimenez@[email protected]

Regions drops hint that it may be open to M&A in 2027

Regions CEO John Turner's musing about a possible deal next year comes more than 15 years after the company completed its last bank acquisition.

https://www.americanbanker.com/news/regions-drops-hint-that-it-may-be-open-to-m-a-in-2027

#FinTech #FinServ #Banking

American BankerRegions drops hint that it may be open to M&A in 2027Regions CEO John Turner's musing about a possible deal next year comes more than 15 years after the company completed its last bank acquisition.
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Alex Jimenez@[email protected]

Businesses view stablecoins warily

Despite the hype surrounding the digital assets, businesses remain cool to using the cryptocurrency, according to the results of a Cleveland Federal Reserve survey.

https://www.paymentsdive.com/news/businesses-view-stablecoins-warily/833006/

#FinTech #FinServ #Banking #Payments #PayTech

Payments DiveBusinesses view stablecoins warilyDespite the hype surrounding the digital assets, businesses remain cool to using the cryptocurrency, according to the results of a Cleveland Federal Reserve survey.
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Alex Jimenez@[email protected]

Citizens' payment exec on how banks can coexist with fintechs

#Payments veteran Matt Valente has joined Citizens to help lead business payments and partnerships.

https://www.americanbanker.com/payments/news/citizens-payments-exec-discusses-fintech-competition

#FinTech #FinServ #Banking #PayTech

American BankerCitizens' payment exec on how banks can coexist with fintechsDigital-focused companies like Square, Stripe, PayPal, Brex and Ramp have made luring merchants from banks a big piece of their strategies. Matt Valente, the bank's new treasury and wholesale payments SVP, spoke with American Banker about where he sees space for banks.
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