The AI revolution continues. Already a new breed of artificial intelligence has transformed chat
A TD Bank survey found a massive increase in the ranks of people who talk to ChatGPT about their finances. Ted Paris, the bank's head of AI, says banks still have an opportunity here.
-
Zeta Services, a banking and credit card technology unicorn, has raised $30 million from investors including Mastercard, and the two announced a five-year collaboration to help customers launch credit card services.
-
The companies' moves came a day after Visa and Mastercard said they were halting business in Russia because of its attack on Ukraine.
-
Sendi Young, the blockchain company's European managing director, discussed how a partnership with fintech Modulr supports its ongoing efforts to streamline money movement in a world where many payment rails predate the modern internet.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
-
Goldman Sachs Group Inc.'s fourth-quarter earnings-per-share estimate was raised 15% by Sanford C. Bernstein & Co. analyst Brad Hintz, who said he expects the firm to reduce its compensation expense.
-
ALPS Advisors said last week that it had launched a long-short fund. The company said the fund is part of an ongoing effort to broaden its offerings for investors.
-
For more information on this data, visit Novantas LLC and Market Rates Insight.
-
Banks can help ease a severe national shortage in affordable rental properties and make money doing it.
-
Some lost their jobs while others made major missteps or faced serious challenges to their business plans. Here are the folks who had a rough 2015 and are looking forward to better times in 2016.
-
A proposal issued two weeks ago by the FHFA calls on the two government-sponsored enterprises to identify opportunities to increase their purchases of small multifamily properties in rural areas, sparking some concern among lenders.
Deutsche Bank is preparing further job cuts to keep costs in check, with the focus likely to be areas outside the trading unit.
In a settlement with the Department of Justice, Treasury and market regulators, crypto exchange Binance agreed to pay more than $4 billion in fines and for CEO Changpeng Zhao to resign in a sprawling settlement of anti-money laundering and sanctions violations.
-
New messaging protocols calls can meet crooks at the pass, says FIME's Jean Fang.
-
Many financial institutions are missing out on the ability to use payments data in a proactive way, to make smart decisions that inform actionable insights, and create competitive advantages that allow them to become data-driven organizations, says Finastra's Robert Mancini.
-
There's much bank executives can learn from the 737 Max and Deepwater Horizon catastrophes, which could have been averted if regulators had been notified sooner.
-
As the Canadian economy weakens in the face of US tariff uncertainty, Royal Bank of Canada and other large banks north of the border are putting aside more money for loans that are still in good standing.
-
Growth in consumer spending was revised down, but estimates for imports and business investment were raised.
-
Navy Federal Credit Union's partnership with Bloom Credit, a data breach at Coinbase and other tech news draw attention from bankers going into June.
-
Analysts awaiting specifics on the "implicit guarantee" for Fannie Mae and Freddie Mac are split on whether mortgage rates and guarantee fees could rise.
-
Banks sued the Consumer Financial Protection Bureau last year to stop the 1033 open banking rule from taking effect. Now the Trump administration plans to kill the rule.
-
According to a new survey from HSBC, 72% of American corporations have seen their operating costs increase due to the Trump administration's new tariffs.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI.
- PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours.
- Best of the WeekFridayThe most important and widely read stories from the previous week.
The 10 winning innovations span categories from AI and payments to risk and compliance. An overall winner will be announced at American Banker's Digital Banking event on June 2.
A representative for the bank said JPMorganChase is still dedicated to venture capital investors and new businesses.
The 23rd annual ranking of women leaders in the banking industry.
-
Partner Insights from FIS -
Partner insights from Infosys -
Partner Insights from Alloy -
Partner Insights from Alloy
