CFOtech US - Technology news for CFOs & financial decision-makers

National Bank stories

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Diverging paths: Monzo quits, Revolut hunts US charter

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Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.
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Huntington picks SEI for private bank platform shift

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Huntington National Bank has chosen SEI Wealth Platform to unify its private banking operations, as the lender seeks a more integrated digital wealth service.
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UiPath launches AI tools for bank compliance & lending

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UiPath rolls out agentic AI for banks to automate sanctions checks and loan origination, citing faster decisions and tighter audit controls.
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Upstart seeks US bank charter to launch AI-driven bank

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Upstart will seek a US national bank charter to launch an AI-driven bank, enabling it to take deposits and lend directly nationwide.
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Mercury's bid to become a US bank after rapid growth

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Fast-growing fintech Mercury seeks a US national bank charter to hold deposits and lend directly after scaling to 200,000 business customers.
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Revolut seeks US bank charter & appoints new US CEO

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Revolut seeks a US national bank charter and names Cetin Duransoy as US chief, sharpening its push into regulated American banking.
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Banks eye responsible AI with global spend set for USD $67bn

Thu, 16th Oct 2025
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Global banking AI spend is forecast to hit USD $67bn by 2028 as firms focus on responsible adoption to drive strategy, innovation and risk management.