Vaidik Trivedi

2 days ago | bankautomationnews.com | Vaidik Trivedi

By Vaidik Trivedi Traditional financial institutions are tightening their credit standards amid economic uncertainty and tariffs, presenting an opportunity for fintechs to gain small business market share. More banks tightened standards for commercial and industrial loans to large- and middle-market firms in the second quarter compared to Q2 2024, according to St. Louis Federal Reserve data. "We have [...]

3 days ago | bankautomationnews.com | Vaidik Trivedi

By Vaidik Trivedi NEW YORK - Banking giant JPMorgan Chase is innovating its payments infrastructure with new tech amid a shifting regulatory landscape. The $3.6 trillion bank is incorporating tech that can make operations simpler, efficient and cost effective, Sri Shivananda, chief information officer for payments at JPMorgan Payments, said during a panel at New York City Tech [...]

4 days ago | bankautomationnews.com | Vaidik Trivedi

By Vaidik Trivedi Small and medium-sized banking service provider Bluevine chose payments company Stripe for B2B payments. By working with Stripe, Bluevine customers can create invoices and payment links, accept multiple payment methods and get paid directly into their Bluevine accounts. "We wanted to join forces with a trusted partner like Stripe to solidify our status as an [...]

5 days ago | bankautomationnews.com | Vaidik Trivedi

By Vaidik Trivedi Thread Bank is looking to embedded banking to grow its deposits, while scaling operations through tech stack investments. The Nashville, Tenn.-based bank started offering embedded banking to businesses in 2021, Chief Executive Chris Black told Bank Automation News. Deposits were $700 million in 2024, up from $100 million in 2021. "The majority of growth [...]

6 days ago | bankautomationnews.com | Vaidik Trivedi

By Vaidik Trivedi Fintechs Brex and Bluevine are implementing AI within their products and operations to save time and keep up with volatile market conditions. Expense management and financial services provider Brex has embedded AI-driven tech in: Assistants; KYC and onboarding; and Client servicing. The Salt Lake City-based company introduced its AI-driven accounting assistant in 2023 and has [...]