Bank of Glen Burnie, which is seeking to recover from a stretch when its assets declined, hopes that its deal for a residential lender can help boost loan production.
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.
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To speed up customers' access to new and replacement cards, the Virginia-based bank created a process to provide a digital card number via the web or its mobile app.
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Federal Home Loan Bank of Chicago has a new CFO, while Visa's CFO plans for retirement. These stories and more in banking news this week.
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The Clearing House has operated its RTP network for about six years, and the FedNow rail is expected to launch later this year. Here's a look at the nuts and bolts of instant money movement, and how the two systems are different.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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A survey report from the Institute for Private Investors says high-net-worth investors are using social media more, and other reports say wealth management clients are increasingly using social media to compare notes on advisers, funds, fees, strategies and deals.
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MetLife Inc., the largest U.S. life insurer, raised $3.15 billion by selling shares below Monday's closing price to help pay for the acquisition of an American International Group Inc. business unit.
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Many women are unhappy with the service they get from wealth managers — and in some cases their attitude, a global study by Boston Consulting Group found.
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The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.
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For community bankers, the current environment is more challenging than ever, with high regulatory burden and tough competition. Four bank CEOs sat down to discuss the future of the industry, and what they are hoping may change.
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Net income at the Livingston, N.J., company climbed 67% due to a variety of one-time items tied to its ongoing restructuring.
Eighteen banks announced agreements to sell themselves last month. It was the most active month for bank deals since July 2022.
Robert M. Kowalski was convicted for his role in embezzling tens of millions of dollars from Washington Federal Bank for Savings, which led to the bank's failure in 2017.
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With time running out, industry actors are looking for ways to maintain the integrity of the infrastructure while recognizing a new banking framework following a no-deal Brexit, says GlobalSign's Arvid Vermote.
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Consumer savings are up, yet so are evictions. Banks need to reach out more to those who are struggling financially, and they could use data as a guide.
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Replacing the traditional POS model will be a cloud-focused and software-defined model that gives shoppers their choice of checkout and reimagines the store experience, says Zynstra's Brian Buggy.
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Truist Foundation will fund a multiyear economic development initiative to revitalize business corridors in five Southeastern cities; First Horizon has hired Wells Fargo's Shaun McDougall to head consumer banking; Ally Financial commits over $150 million to support workforce development; and more in this week's banking news roundup.
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The Federal Reserve said it would rescind its novel activities supervision program created to monitor how banks use emerging tech.
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Pressure on Asian merchants that sell to the U.S. caused the Dutch payment company to reduce its outlook. Payment experts say it's a matter of time before other firms face the same challenges.
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Advocates warned the Federal Housing Finance Agency that allowing cryptocurrency assets to be used in the underwriting of Fannie and Freddie mortgages risks taxpayer losses and market instability.
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By a 2-1 vote, a three-judge panel of the D.C. Circuit Court of Appeals ruled that the CFPB's union did not have a reviewable claim under the Administrative Procedure Act. The union is expected to appeal to the full D.C. Circuit.
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Paying for items with your palm or face isn't commonplace yet, but it's coming. What banks need to know.
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The San Antonio-based company plans to remain in state borders, but sees opportunity for growth in major markets.
A dramatic boardroom purge at the NCUA has unleashed a fierce debate over the future of credit unions, and whether they're still serving their original mission.
The 23rd annual ranking of women leaders in the banking industry.
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