The robo-adviser fintech publicly released its S-1 filing on Monday, even as a government shutdown could chill the IPO market.
The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.
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As part of its resurrection plan, the terminal maker will pursue financial inclusion and growth markets for ATMs as it prepares for its relisting on the New York Stock Exchange.
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In global news this week, Microsoft is working with the London Stock Exchange Group on artificial intelligence, Apple's mobile wallet debuts in Vietnam and more.
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Bank of New York Mellon, U.S. Bank and others are looking at how the Federal Reserve's instant settlement network could safely speed up routing, payroll and billing.
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The private-equity giant Carlyle Group agreed to acquire a majority stake in a Claren Road Asset Management, a $4.5 billion long-short hedge fund.
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The average immediate annuity premium is $107,000, and 90% of policyholders purchase additional riders that either keep payments flowing to heirs, or that return the balance of the contract to heirs, if the contract holder dies unexpectedly early, according to Limra research.
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PrimeVest Financial Services, Inc. has tapped into substantial demand for third-party marketing services among banks and credit unions that want temporary solutions or want to limit their level of commitment.
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The Dallas bank reported sizable growth in business and mortgage lending in the second quarter, but it more than doubled its provision for loan losses to cover four credits that went into nonaccrual status.
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Reps. Ed Royce, R-Calif., and Earl Blumenauer, D-Ore., introduced a bipartisan package of legislation Tuesday to extend the National Flood Insurance Program through Nov. 30.
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Repayments on acquired residential mortgage loans were the main reason, but other bottom-line boosters more than made up for that, the Buffalo, N.Y., bank said in reporting second-quarter results.
The Alabama bank's executives said commercial borrowers remain cautious amid high rates and economic uncertainty. During the fourth quarter, flat lending and higher deposit costs weighed down the company's net interest income.
The Financial Stability Oversight Council's annual report underscores mounting challenges in commercial real estate, escalating cyber threats, and regulatory gaps in third-party services and stablecoins, urging stronger oversight and legislative action.
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Modern payment processors using AI to interpret and analyze trends and point-of-spend data can detect fraud across ecommerce in real time and provide that knowledge onwards to the bank just as quickly, says Paymentology's Abe Smith.
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The time has come for the payments industry to take a long, hard look at how we market and sell enhanced pricing programs, says Clearent's Phil Ricci.
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We’ve seen many companies embrace faster and easier payments systems, says Citizens' Matt Richardson.
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Last year, Wolverton implemented a new AI fraud detection technology that helped to reduce fraud and operational losses by $3.2 million.
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During the past three years, Menelik has launched CSG services for eight new verticals including one for Native American tribal and corporate banking.
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Skalicky has found new niches, including cannabis-related equipment financing, to grow her community bank.
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As chief credit officer, Chausse oversees credit quality on outstanding loans totaling about $50 billion.
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Kobjerowski has held a variety of positions at FNBO, and said the key to her success is staying curious and constantly learning.
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Stanley oversees 7,000 clients spanning six core businesses worth a combined $14 billion.
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The White House said it will appeal a circuit court ruling allowing Federal Reserve Gov. Lisa Cook to remain on the central bank board while her lawsuit challenging her dismissal is litigated.
Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.
The 23rd annual ranking of women leaders in the banking industry.
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