Bank Collaborations, AI Ahead in 2022

Innovations coming in the next year could include enhancements to digital onboarding, internal processes and artificial intelligence, with some of these enhancements coming out of bank collaborations.

Five Smaller Banks Band Together on Fintech Escrow Fix

One bank from New Hampshire, one from Massachusetts, one from Connecticut and two from New Jersey teamed up to help develop a fintech-based solution for often-manually-intensive escrow services. And the unusual approach is paying off as they learn from each other and collaborate.