New client acquisition was standout in 2024. Scarry's "intensity" is unwavering as she looks to grow the EMEA equity long-short client base in the year ahead.
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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Ross, who came from workforce software company Ceridian, will lead MoneyGram's direct-to-consumer business and global digital strategy.
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Financial institutions and their trade groups fear a loss of funding for loans if customers migrate in large numbers to a central bank digital currency, according to comments to the Federal Reserve about a possible digital dollar. Industry officials are also worried about heightened cybersecurity and money laundering risks.
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The U.K. payment firm recently paired with the small-business technology firm Bluevine, part of a growing network of collaborations to compete in the crowded international transfer market and cut out correspondent banks.
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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Registered investment advisers' assets under management rose 28%, to an average of $174 million in 2009, up from $136 million in 2008, the 2010 Rydex/SGI AdvisorBenchmarking Annual Study showed.
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Morgan Stanley has announced its naming of Paul Price to head its investment management international sales.
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The credit union service organization now serves almost 200 CUs across the continental United States.
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Flagstar Bancorp swung to a fourth-quarter loss as the company took an $80 million noncash charge to earnings because of the tax reform bill.
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The agency is winning praise for changes in how loans are evaluated for defects, which could cut down on the risk of enforcement actions.
Both loans and deposit balances have stabilized since the North Carolina bank acquired parts of the failed Silicon Valley Bank, paving the way for better-than-expected fourth-quarter earnings guidance. The only blemish in the third quarter, one analyst said, was credit quality.
The National Community Reinvestment Coalition and four fintechs want the agencies to act on the White House's executive order on artificial intelligence.
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By focusing on "available near me" functions, retailers can combine digital with the need to boost small businesses, says Qualpay's Penny Townsend.
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U.S. financial institutions should prepare for potential new regulations around data privacy and protection, digital identity verification and the use of biometrics, says OneSpan's Michael Magrath.
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Congress acted first when it freed financial firms from having to disclose the beneficial owners of commercial clients. Now it's time for regulators to further ease anti-money-laundering reporting requirements by freeing them from filing duplicative or unnecessary suspicious activity reports.
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The Indiana credit union, which was rebranded from Teachers Credit Union in 2023, says it chose Creatio for the low-code/no-code vendor's ease of use.
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Roland Harbin of First Chatsworth Bankshares in Georgia is part of a trend of bank directors continuing to serve well beyond the traditional retirement age.
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Federal Reserve Gov. Lisa Cook's attorneys filed additional motions in her suit against President Donald Trump over his attempt to oust her from the central bank last week. A judge overseeing the case set a Thursday deadline for final briefs.
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The Pittsburgh-based bank is bolstering its Southeastern and Mid-Atlantic footprint by adding almost 30 new branches. But is the market already too crowded?
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The department is aiming to boost transparency and win Trump's trust after poor economic numbers last month led to a bureaucrat's firing.
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Financial technology veteran Steven Pinado, who assumed the fintech's top role this week, says the demand for an easy checkout experience will drive growth.
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Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.
The firm, which is relaunching its signature payment system, gets a branding opportunity and a testing ground in dozens of stadiums and arenas.
The 23rd annual ranking of women leaders in the banking industry.
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