Banks are playing a key role in financing the buildout of artificial intelligence. If the industry falters, they will have much to lose — and that would be bad news for the global economy.
As AI agents become more collaborative, creative and fast, banks need to defend themselves.
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Kristin Smith, president of the Solana Policy Institute, discusses what to expect in the next year in the world of on-chain finance.
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Moov Money's collaboration with Visa, Mastercard and Jack Henry enables transfers without accessing a separate app, aiming to attract small banks and credit unions.
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The banking-as-a-service business model has for more than a decade counted fintechs as its bread-and-butter clients, but as those same fintechs secure their own banking charters, some sponsor banks are narrowing their focus.
Citadel Credit Union recently closed a $50 million loan on a Philadelphia office tower. It's part of a trend, as credit unions build their commercial real estate lending businesses.
Industry lawyers and experts say the latest wrinkle in a long-running LPL-Ameriprise recruiting dispute shows why advisors should strongly consider retaining their own legal counsel when changing firms.
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There wasn't just one recipe for landing among the top-performing banks with $50 billion or more in assets. There were two — or, in some cases, a mix of both.
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OFG Bancorp, the parent company of Oriental Bank, has steadily climbed American Banker's rankings of the nation's top-performing banks. Here's how the Puerto Rican bank did it.
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United Bank and Five Points Bank, both ranked among the top-performing banks by Capital Performance Group, said they have stayed in the mortgage business because they see it as a way to build strong relationships in the communities they serve.
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U.S. regulators have made it clear that banks have the discretion to explain account closures, short of disclosing the existence of a suspicious activity report filing. They should make it mandatory.
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Credit unions have long led banks on traditional customer service metrics, but they are currently struggling to match banks' digital service scores. The answer may be deeper collaboration with fintech partners.
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Looking past the headline numbers, there are reasons to be concerned about the condition of the U.S. economy. Particularly troubling is the fact that large numbers of Americans live financially precarious lives.
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
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UBS wants to keep its advisors happy and in their seats. As a result, its 2027 compensation policies avoid the usual grid-update mixture of "good news, bad news."
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Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
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The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
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The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
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Foreclosure rates were highest in the region, and nationwide, completed repossessions also saw a significant jump, according to Attom.
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The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
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First Financial Bancorp in Cincinnati named Chief Financial Officer Jamie Anderson as president. The move positions Anderson as heir apparent to CEO Archie Brown, according to one analyst.
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If the Federal Reserve really wants to control inflation, it first needs to control people's expectations.
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Surveys from Fidelity and Edward Jones suggest that even clients with comprehensive plans and wealth don't always feel good about their financial future.
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Nine months before the outage, the NCUA told a federal council it may no longer need the authority to examine vendors like the one that failed.
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Anthropic lined up some of the biggest names in the industry for the rollout of Claude for Financial Advisors. But whether the tool is "revolutionary" or "just another integration," the hard work is just beginning for the AI firm and for its sole custody partner, Schwab Advisor Services.
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Structural change in banking is rarely defined by technology alone. Rather, leaders who know when to invest, where to modernize and which risks are worth taking are driving it.
The 23rd annual ranking of women leaders in the banking industry.
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- Partner Insights from iQuanti
- Partner Insights from Everpure (formerly Pure Storage)
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