Transactions: Fiserv teams up with DoorDash for embedded financing

Transactions: Fiserv teams up with DoorDash for embedded financing Transactions: Fiserv teams up with DoorDash for embedded financing

E-commerce giant DoorDash has teamed up with fintech Fiserv for embedded finance services.  “This..
Podcast: From disaster recovery to IT resilience Podcast: From disaster recovery to IT resilience

Financial institutions are focused on IT resilience as outages repeatedly disrupt operations such..
What Trump’s Win Means for the Federal Reserve and Jerome Powell What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will..
Why FIBT is joining FedNow and RTP Why FIBT is joining FedNow and RTP

First International Bank and Trust is expanding its real-time payments options to boost revenue and ..
Foreclosures in China Soar, Threatening to Choke Off Bank Profits Foreclosures in China Soar, Threatening to Choke Off Bank Profits

When the housing market was flying high, mortgage defaults were almost nonexistent. But now the..
Fighting Fraud with Advanced Strategies and Tools Fighting Fraud with Advanced Strategies and Tools

Fraudsters and cybercriminals are exploiting new technologies and stolen data at an accelerated..
Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy

Citi is expanding its use of Google Cloud to access the cloud provider’s generative AI capabilities...
Inside Mastercard’s Q3 acquisition, innovation strategy Inside Mastercard’s Q3 acquisition, innovation strategy

Two acquisitions and several new products are supporting Mastercard’s ongoing innovation efforts. ..
Citizens’ Wyper to join speaker faculty at Bank Automation Summit U.S. 2025 Citizens’ Wyper to join speaker faculty at Bank Automation Summit U.S. 2025

Joanne Wyper, executive vice president and head of operations at Citizens Commercial Bank, will..
Israel Strikes Hezbollah’s Financing Arm in Lebanon Israel Strikes Hezbollah’s Financing Arm in Lebanon

Branches of Al-Qard al-Hasan, which functions as Hezbollah’s de facto banking arm but also operates ..
Book Review: ‘Savings and Trust,’ by Justene Hill Edwards Book Review: ‘Savings and Trust,’ by Justene Hill Edwards

A book by the historian Justene Hill Edwards charts the rise and fall of the Freedman’s Bank,..
Citi reduces costs, invests in tech Citi reduces costs, invests in tech

Citi posted cost reductions in the third quarter as it benefits from ongoing simplification efforts...
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No. Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central..
Profits Leap at Goldman Sachs as Banks See Steady Economy Profits Leap at Goldman Sachs as Banks See Steady Economy

The investment bank earned more than expected in the latest quarter, a theme for other big banks,..
China Stocks Surge After Government Measures to Boost Economy China Stocks Surge After Government Measures to Boost Economy

The government has fired up investors by encouraging banks to lend more to buyers of stock and real ..
Bank of America, JPMorgan invest in branch networks Bank of America, JPMorgan invest in branch networks

Some financial institutions are decreasing their branch footprint as bank clients increasingly..
Mobile solutions offer competitive edge for credit unions Mobile solutions offer competitive edge for credit unions

Credits unions tapping Dublin-based fintech Pulsate for mobile solutions see a return on investment ..
Bank of America mobile app, digital interface down Bank of America mobile app, digital interface down

Tens of thousands of Bank of America clients reported outages of online and mobile banking services ..
Victim’s Unsealed Testimony Reveals New Details in Epstein Case Victim’s Unsealed Testimony Reveals New Details in Epstein Case

The woman testified in a now-settled lawsuit against J.P. Morgan Chase on behalf of hundreds of..
Donald Trump, Crypto Bro Donald Trump, Crypto Bro

The former president’s views of virtual coins have shifted markedly in recognition of the emergence ..
KeyBank business clients under ‘pressure’ to implement AI KeyBank business clients under ‘pressure’ to implement AI

Middle-market businesses are tapping AI and automation to expand their operations in the short term...
Lenders tap AI to serve niche market segments Lenders tap AI to serve niche market segments

Banks have traditionally been the lenders of choice for small businesses, but there are..
Q&A with Jack Henry’s Jonathan Baltzell on efficiency gains Q&A with Jack Henry’s Jonathan Baltzell on efficiency gains

Financial institutions are investing in tech to drive efficiency among market pressures to increase ..
Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now. Paul Krugman: ‘We Beat Inflation.’ Here’s What the Fed Should Do Now.

The Nobel-winning economist has some advice for Jerome Powell.
75% of Truist customers’ primary access is mobile app 75% of Truist customers’ primary access is mobile app

Truist Financial is seeing increased mobile banking adoption among its customers as it prioritizes..
Nest Bank’s gen AI chatbot fields 11K chat requests daily Nest Bank’s gen AI chatbot fields 11K chat requests daily

NEW YORK — Poland-based Nest Bank is piloting its AI-driven chatbot solution N!Assistant to..
Financial services tech investment rebounding after August valley Financial services tech investment rebounding after August valley

Investment within the financial services technology sector is creeping back up after plummeting in..
FIs weigh in on US open banking regulation FIs weigh in on US open banking regulation

The Consumer Financial Protection Bureau is expected to finalize its Section 1033 regulation on..
CFPB funding under new scrutiny CFPB funding under new scrutiny

The Consumer Financial Protection Bureau is facing additional challenges that call into question..
Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole Powell Faces Economic Crossroads as He Prepares to Speak at Jackson Hole

Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds..
AI for cybersecurity: Fighting fire with fire AI for cybersecurity: Fighting fire with fire

Financial institutions are looking to AI and generative AI to mitigate the rising risk of..
ClearBank’s Jonny Fry featured fireside chat at Bank Automation Summit Europe 2024 ClearBank’s Jonny Fry featured fireside chat at Bank Automation Summit Europe 2024

Jonny Fry, head of digital assets strategy at ClearBank and chief executive of TeamBlockchain, will ..
Pagaya eyes personal, auto loans with OneMain Financial Pagaya eyes personal, auto loans with OneMain Financial

AI-based financier Pagaya Technologies plans to expand its new relationship with subprime auto..
BNY developing a cross-border instant payments solution BNY developing a cross-border instant payments solution

NEW YORK — BNY is developing a cross-border instant payments solution to keep up with demand for..
Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal

Drawn by the opportunity to invest with private equity firms, small investors rushed into real..
Marqeta’s total processing volume up 32% YoY to $71B Marqeta’s total processing volume up 32% YoY to $71B

Payments fintech Marqeta saw growth in its total processing volume during the second quarter as..
What’s Behind All the Stock Market Drama? What’s Behind All the Stock Market Drama?

Analysts and investors have many explanations, including worries about the health of the U.S...
Where are US stocks headed? Here are the key levels to watch Where are US stocks headed? Here are the key levels to watch

The rout in the US stock market has brought the S&P 500 Index to a crucial inflection point, and..
Tech roundup: AI adoption is up, but AI revenue is up in the air Tech roundup: AI adoption is up, but AI revenue is up in the air

Big tech companies reported higher adoption of AI services in the second quarter, but investors..
5 questions with BNY Treasury Services’ Carl Slabicki 5 questions with BNY Treasury Services’ Carl Slabicki

Carl Slabicki, managing director and co-head of global payments at BNY treasury services, is..
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