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A Bank Automation Summit Preview: Key 2023 Banking Automation Trends

Perficient

Perficient is looking forward to bringing our unique combination of automation technical know-how along with financial services and payments industry expertise to the Banking Automation Summit in Charlotte, North Carolina on March 2-3. Interested in learning more?

Trends 474
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Spreedly Adds Banking Exec As Chief Information Security Officer

PYMNTS

Spreedly , which works in accelerating global commerce via a secure, flexible platform for any payment type, has announced Christopher Hudel as chief information security officer (CISO), according to a press release. He said the opportunity is a good one because of the numerous ways the company meets payments and security needs.

Security 221
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Truist mulls a restructuring of its underwater bond portfolio

American Banker

The North Carolina-based bank is considering the idea of selling a portion of its securities portfolio as a way to build capital, CEO Bill Rogers said Tuesday. At the end of the third quarter, Truist's securities were worth about 20% less than what the company paid for them.

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Bank Of America Patent Details Wallet Security System

PYMNTS

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

America 108
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Drone Company Flytrex Secures $7.5 Million

PYMNTS

Flytrex also has plans to expand into North Carolina. The money, according to company CEO and Co-founder Yariv Bash, will be utilized to beef up operations and make improvements to the company’s drone services.

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Report: FinCEN Files Reveal Billions In Suspicious Money Flows

PYMNTS

“Some of these people in those crisp white shirts in their sharp suits are feeding off the tragedy of people dying all over the world,” Martin Woods, a former investigator for Wachovia, the North Carolina-based financial services company that was acquired by Wells Fargo & Co., told the news outlet.

Report 279
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US Colleges See Drop In International MBA Students

PYMNTS

securing permanent residency, job security, they just feel like it’s a safer bet here.”. For instance, students at the University of North Carolina System and the Pratt Institute in New York City filed lawsuits seeking tuition and fee refunds for spring because the schools had switched to online classes.