A new report found that funding and employment in the financial technology sector in Massachusetts improved from 2020 to 2022. However, there is still room for improvement in diversity and inclusion, collaboration between industry stakeholders and partnership with regulators.
Patrick Smith, Santander’s new head of consumer and business banking, got hooked on retail banking after a career in the IT sector. It’s proving to be an asset as he guides the bank’s efforts to simplify its consumer products.
Boston-based financial technology company Monit, which offers a mobile platform for small businesses, has partnered with an investment fund that supports community bank technology, giving Monit access to more than 60 community banks involved with the fund.
