Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy
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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...
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
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will..
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
When the housing market was flying high, mortgage defaults were almost nonexistent. But now the..
Fighting Fraud with Advanced Strategies and Tools
Fraudsters and cybercriminals are exploiting new technologies and stolen data at an accelerated..
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
Joanne Wyper, executive vice president and head of operations at Citizens Commercial Bank, will..
Transactions: Fiserv teams up with DoorDash for embedded financing
E-commerce giant DoorDash has teamed up with fintech Fiserv for embedded finance services. “This..
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
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 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.
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
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
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
Some financial institutions are decreasing their branch footprint as bank clients increasingly..
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
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
The woman testified in a now-settled lawsuit against J.P. Morgan Chase on behalf of hundreds of..
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
Middle-market businesses are tapping AI and automation to expand their operations in the short term...
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
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.
The Nobel-winning economist has some advice for Jerome Powell.
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
NEW YORK — Poland-based Nest Bank is piloting its AI-driven chatbot solution N!Assistant to..
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
The Consumer Financial Protection Bureau is expected to finalize its Section 1033 regulation on..
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
Jerome Powell, the Federal Reserve chair, will deliver remarks as inflation cools and growth holds..
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
Jonny Fry, head of digital assets strategy at ClearBank and chief executive of TeamBlockchain, will ..
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
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
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
Payments fintech Marqeta saw growth in its total processing volume during the second quarter as..
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
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
Big tech companies reported higher adoption of AI services in the second quarter, but investors..
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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