Samsung's upcoming XCover Pro phone, which can accept contactless payments without add-on hardware, is the first of what Visa hopes will be many devices capable of natively handling NFC payments.
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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Banks must plan to support decentralized finance without disturbing their existing businesses. That's easier said than done.
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Recurring payments for stuff like streaming content can get lost in the shuffle, creating an opportunity for the big card brands.
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Will Artingstall, global head of banking as a service within Citi's Services business, sat down with American Banker to discuss the firm's BaaS business and how it fits into its larger corporate payments strategy.
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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Goldman Sachs Chief Legal Officer Kathryn Ruemmler received an 11% pay hike last year, bringing her total compensation to $25 million; U.S. Bank promoted Toby Clements to chief operations officer; Klarna is expanding its forward-flow and whole-loan sale deal with Elliot Investment Management to $2 billion; and more in this week's banking news roundup.
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The Apollo Group, a six-person team in New York, is the latest to show that former First Republic advisors are still not completely settled at JPMorgan.
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Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
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While San Francisco had the biggest improvement in affordability for prices today versus 2019, Hartford remains in a very deep freeze, First American said.
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Home prices increased 0.9% year-over-year and 0.1% month-over-month in January, according to the S&P Cotality Case-Shiller national home price index.
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Stock prices jumped notably following the billionaire and legacy GSE investor's comment indicating Fannie and Freddie have been "stupidly cheap."
American Express and Discover Financial Services once again were kings of the mountain in an annual survey of consumers' experience with credit cards.
Federal Reserve Gov. Michael Barr said Wednesday that his dissents over the past year on proposed regulatory changes reflect concern that oversight of banks could be significantly weakened.
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A former federal housing regulator warns that U.S. banks are not engaging with the real and growing risks that climate change is creating in their existing mortgage portfolios. The consequences of inaction could be punishing.
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Quantum computers are one dire threat for cryptos, but public disinterest is a bigger one.
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Unionization efforts at several Wells Fargo locations go in reverse, while the buzzy blockchain stuff overshadows the plain fact that customers want products that help them rather than gee-whiz technology.
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A new study from WalletHub finds nealry 40% of parents are planning to spend less in advance of the upcoming academic year.
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Installment payments are gaining mainstream appeal as an alternative to traditional credit products, prompting Affirm to boost its visibility in an increasingly crowded market.
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Vending machines for years have been gradually shifting to contactless payments, but coronavirus has sparked changes in the machines’ core technology to enable hygienic use with social distancing.
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Finding loan forgiveness programs and keep-the-change loan paydowns are examples of services startups like Savi, Summer and FutureFuel.io are offering banks to help borrowers manage their monthly payments.
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Voice and text banking will be embedded in the Minneapolis bank's mobile app through a chatbot assistant that also caters to users with disabilities.
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As part of its effort to teach young adults about economic, social and environmental issues, Flowe is partnering with payments provider SIA Group to expand digital payments and other financial services through its app.
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The Ohio Democrat praised Todd Harper, one of the regulator's newest board members, for his attempt to shift the agency's focus toward issues such as concentration risk.
Kelly McDonough will take over next month, nine months after the $289 million-asset shop's former CEO left to lead a CUSO.
The 23rd annual ranking of women leaders in the banking industry.
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