Several major financial institutions last year increased their spending on measures to protect top executives, according to public filings. The moves followed the killing of UnitedHealthcare CEO Brian Thompson in December 2024.
American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.
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Banks must plan to support decentralized finance without disturbing their existing businesses. That's easier said than done.
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Banks are spending more on security for their executives, given the murder of UnitedHealthcare's CEO; a new lender targets mineral-rights holders.
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Most banks are likely not large enough to not support stablecoins and tokenized deposits on their own, creating a new way for legacy IT firms to compete with fintechs.
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The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
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The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.
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The digital bank launched Big Business Banking, an interface for businesses to manage fiat and crypto assets in the same place and conduct 24/7 transactions.
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It doesn't have to be all or nothing, but all paths are complex, capital markets and policy experts in the Treasury Market Practices group say.
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The 30-year fixed fell to 6.37% after a two-week ceasefire tempered war-driven volatility, but economists warn the spring housing market faces continued turbulence.
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The Mortgage Bankers Association found gains in March for conforming, jumbo and government-sponsored loan indices for the third consecutive month.
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.
The largest banks in the country each warn employees against using confidential information for trading activities, but they don't specifically enumerate prediction markets or events contracts. Now, oversight of insider trading on such platforms is gaining traction.
A rule banning bank examiners from using reputational risk in their examinations includes an exception for operational risks — another notoriously unquantifiable category of risk. Experts say the concession suggests the attempt to carve subjectivity out of bank examination may amount to a relabeling exercise.
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After a nearly two-decade long "ice age" in which few new banking charters were granted, regulators have shrugged off a zero-failure mentality and are allowing some risk back into the system.
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On-chain infrastructure is making idle balances obsolete. The OCC needs to act before banks lose the ability to compete in a market where consumers no longer tolerate below-market-rate returns.
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A reporter claims to have answered the question of the identity of bitcoin's creator but the more interesting question is: What does bitcoin say about money and monetary systems?
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The first U.S. bank to offer an exchange-traded product tied to bitcoin saw $34 million in trading on the first day.
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The construction plan underscores the Japanese banking giant's intent to remain active in U.S. wholesale banking after selling off American retail and small-business units.
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The card brand introduced tech for businesses to tap agentic AI, while Revolut counters Italy's accusations of inaccurate marketing. That and more in the American Banker global payments and fintech roundup.
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Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.
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Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.
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