Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Tuesday that the central bank is considering a "fundamental reform" of the discount window, including streamlining rules and processes across the Fed system.
In a survey, bankers conceded they may not be doing enough to avoid the mistakes social media giants made in the use of unverified data.
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A flurry of product launches are designed to keep the payment company's merchants in-house by making it easier to deploy artificial intelligence-driven payments and stablecoins.
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Real-time cross-border payments are in demand, but lack interoperability — creating demand for Swift and Ripple to add new tech. Plus, PayPal pledges to add payment technology in the Middle East and Africa, and more international payments and fintech news.
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Eight years after its launch, Early Warning's peer-to-peer payments platform Zelle is so ubiquitous it's almost a verb. It's looking for similar recognition for Paze in its jersey patch partnership with the NBA's Atlanta Hawks.
As regulators repeatedly press banks and fintechs to make sure their artificial intelligence models aren't "black boxes" and comply with existing law, the burden is on lenders to prove they are making such efforts.
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Executives from Alliance Bernstein, Edward Jones and Kasisto discuss best practices and ways to improve the client experience.
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Industry experts weigh in on the future of wealth management.
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A conversation with Penny Pennington, manager partner at Edward Jones.
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For the past week, the benchmark 10-year Treasury closed above 4%, as the markets priced in an increase in the consumer price index.
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Mike Weinbach, a former Wells Fargo and JPMorgan leader, will replace president Chris Marshall who's expected to retire at the end of this year.
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The top five banks and thrifts have nearly $96 billion in combined home equity loan portfolios as of September 30, 2023.
The superregional bank ranked at the top of surveys from Javelin Strategy and Keynova Group on mobile banking features for the second consecutive year.
The National Institute of Standards and Technology's preliminary draft helps banks integrate artificial intelligence into their existing security strategies.
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The next generation of enterprise technology will be both intelligent and decentralized. The rise of agentic AI confirms this vision, but it also challenges us to think bigger.
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New regulations implementing the Community Reinvestment Act are likely to run into trouble unless they take into account the priorities of the Trump administration and its efforts to streamline the federal government.
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Ending the separation of banking and commerce would open the door to dangerous concentrations of power and influence, and would threaten financial and economic stability as well as access to credit for consumers and Main Street businesses.
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BMO moved closer to hitting company-wide and U.S. profit targets after reporting increased first-quarter profits.
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Cybersecurity stocks tumbled after Anthropic unveiled a new vulnerability scanner, prompting vendors to defend their runtime protection platforms.
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There's speculation about a potential deal, which could boost Stripe's merchant appeal and accelerate its agentic commerce strategy. But payment experts also say Stripe could face a bidding war that includes AI companies.
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After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's not alone.
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Banks, trade groups and regulators are eligible to join a group convened by Treasury's Financial Crimes Enforcement Network, or Fincen, which will weigh in on anti-money-laundering rules, Bank Secrecy Act modernization and implementation of a recently passed stablecoin bill.
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The stock exchange is using the artificial intelligence extensively throughout the organization, including in development of a distributed ledger for tokenized securities.
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Andrew Torre, the card network's president of Value-Added Services, said demand for security, agentic commerce and better processing are creating demand for technology and consulting.
President Donald Trump talked about institutional single-family home ownership and housing affordability, as well as inflation, but left credit card rate caps, debanking and even crypto alone at the State of the Union address.
The 23rd annual ranking of women leaders in the banking industry.
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Partner Insights from Dell Technologies with NVIDIA
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Sponsored by IntraFi - Partner Insights from ACES Quality Management
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