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.

Alloy Labs Alliance Launches Payments Network

A group of 10 community banks, including Reading Cooperative Bank and Southbridge-based Savers Bank, has partnered with a Connecticut financial technology company to launch an open payments network that the banks say will benefit consumers and community banks.