The Supreme Court Friday issued a 6-3 ruling that held that a law granting the White House economic emergency powers does not include the power to tax imports.
Some traditional bankers are unsettled by the wave of crypto and fintech banks getting bank charters. This Nashville bank CEO sees opportunity.
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Investors were encouraged by Global Payments' fourth-quarter earnings results – the first post WorldPay acquisition – but some analysts remained skeptical that the legacy fintech could turn its business around.
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Tokenized money market funds are becoming more money-like — but, unlike the payment stablecoins that share the same backing, they are securities. Noelle Acheson looks at what this means for our understanding of money.
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The Federal Reserve is moving quickly to implement its proposed "skinny" master account, giving state-chartered fintechs more access to the central bank's payment systems. But experts say a legal challenge to the rule is almost certain, regardless of where the Fed draws the line.
A public-private group led by the Treasury issued the first two of six planned resources to help banks navigate the risks and opportunities of AI.
Banc of California appoints Chris Healy its new executive director and head of payments; Lia Fordjour is named chief financial officer of the American Bankers Association; Airwallex is the latest fintech to lean on sports sponsorships; and more in this week's banking news roundup.
In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
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Banks are deploying extremely powerful AI systems but expecting generalist employees to operate them safely and consistently without redesigning workflows around the technology. That virtually guarantees a bad outcome.
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Doubling down on what has worked in the past — especially if it's still working now — may inadvertently trap banks into business models ill-suited for the future. Smart bankers make room for change before it is forced on them.
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As artificial intelligence increasingly plays a role in the regulation of banks and other financial services firms, regulators need to be certain that these new systems aren't importing old biases into modern oversight.
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In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
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Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used.
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Data breach extortion group ShinyHunters used social engineering to steal customer names, addresses and phone numbers from the blockchain lender.
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Beneficial State Bank in Oakland has reached a three-year agreement with the Communications Workers of America. The deal follows a groundbreaking union pact the bank signed in 2021.
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Alexis Goldstein, who was terminated from the Consumer Financial Protection Bureau last week, is running for Congress in Maryland's 6th District, which hosts a disproportionate number of federal workers.
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The annual rankings honor the notable performances of individuals in banking and finance and as teams.
Call for submissions for women 40 years and younger who are rising leaders at their bank or financial institution.
The 23rd annual ranking of women leaders in the banking industry.
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Partner insights from Dell Technologies with NVIDIA -
Partner insights from Dell Technologies with NVIDIA -
Partner insights from Dell Technologies with NVIDIA -
Partner Insights from Dell Technologies with NVIDIA
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Partner Insights from Finastra
