Commercial banks are modernizing by augmenting their core systems, layering virtual account infrastructure and unified platforms on top to handle rising complexity.
In this episode, Deepak Kapoor of Huntington National Bank and Rouzbeh Rotabi of Qolo discuss how connected deposits and virtual account structures enable banks to innovate faster, simplify reconciliation, and deliver more flexible, API-driven financial services without overhauling their core systems.
Squarespace has expanded beyond website building to offer a growing suite of financial tools for small businesses, including payments, capital, and a new integrated balance account with a Visa debit card.
On the Tearsheet Podcast, director of product Corey Zettler explains the company's build-vs-partner approach, what it's learned from three product launches, and how it plans to deepen its financial services offering for service.
Four big bank developments dominated headlines this week: one focused on small businesses, two on AI innovation, and one quashing an acquisition rumor.
These moves suggest the largest US banks are reorganizing around a thesis: identifying where value is now created and how distant they are from fully internalizing it.
Client–bank relationships have long revolved around a destination model: clients log in, navigate dashboards, export data, assemble insights. Grasshopper Bank is rewriting that dynamic by moving from a destination to a ‘layer’.
The digital bank has launched its MCP server to bridge a critical gap: letting clients use modern AI tools with their financial data without sacrificing banking security or control.
