Finance Everywhere

How Wells Fargo and Google Cloud AI are scaling up the bank’s digital offering with ‘Fargo’

  • Wells Fargo is launching a new virtual assistant named "Fargo", powered by Google Cloud AI, to keep up with the digital transformation trend driving evolution of financial services.
  • Although virtual assistants in banking are still relatively new, they represent a key part of the future of banking.
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How Wells Fargo and Google Cloud AI are scaling up the bank’s digital offering with ‘Fargo’

 


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Business of Fintech, Finance Everywhere

As their popularity grows, more banks are eyeing gift cards as a loyalty perk

  • Consumer interest in gift cards remains high, with 56% planning to purchase them for major life events and 38% preferring them as Christmas gifts over physical items.
  • Given consumer interest, multiple FIs and fintechs are partnering with technology providers to offer gift cards and drive consumer loyalty and engagement.
Rabab Ahsan | March 28, 2024
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Apple faces regulatory troubles and payments are at the heart of it

  • Digital wallets are central to the recent lawsuit filed against Apple.
  • Although this lawsuit by the US Justice Department is new in the US, it builds upon precedent set by the EU.
Rabab Ahsan | March 26, 2024
Banking, Finance Everywhere

Zack Miller’s wake-up call to SMB banking realities on the Gusto Podcast

  • It's not often that Tearsheet editor Zack Miller finds himself on the other side of the mic.
  • Zack was a guest on Gusto's SMB Tech Innovator Podcast this week speaking about the challenges and opportunities to bank SMBs.
Tearsheet Editors | February 23, 2024
Finance Everywhere

Built for success? A deeper look at why users are so excited about Bilt Rewards

  • Bilt Rewards, a company that allows renters to earn rewards on their rent payments and neighborhood spend, has raised $200 million at a $3.1 billion valuation, led by venture capital firm General Catalyst.  
  • Dive into Bilt's business model and how the company started with an idea to make rent count towards ownership but then expanded to their current rewards-based model.
Rabab Ahsan | February 22, 2024
Finance Everywhere

‘Partners are now more inclined to do their due diligence before engaging with a BaaS partner’: Green Dot’s Simran Singh

  • Despite economic headwinds, banks are trying to keep their tech budgets afloat to stay ahead of the curve.
  • Green Dot's Simran Singh sees BaaS evolving with emerging technologies and shares the trends having the biggest impact in the banking industry.
Sara Khairi | August 25, 2023
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