CEO George Gresham has left the struggling fintech, which will now explore potential strategic alternatives.
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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The question isn't whether things will magically return to the 2019 status quo, but where is there still pent-up demand among consumers and merchants?
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Goldman Sachs Group Inc. signed a deal to take over General Motors' credit card portfolio.
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Fresh market interest and government action have created a chance for payment technology providers like Circle to promote blockchain-powered transactions.
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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American Century Investments has hired a pair of portfolio managers from Lehman Brothers.
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Gibraltar Private Bank and Trust, a Coral Gables, Fla., mortgage banking, private banking, and wealth management unit of Boston Private Financial Holdings Inc., hired Jonathan Wolfe as a senior vice president and chief operations officer.
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The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one.
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The federal court rejected Flagstar's attempts for both a panel rehearing and an en banc hearing to overturn California's interest on mortgage escrow rule.
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A section of Trump's executive order on mortgage credit called for eliminating requirements for loan officer registration, a process industry experts say has never been considered a burden.
Kinecta Federal and Hawaii State Federal are launching smaller, high-efficiency branches and creatively managing real estate to better meet members where they are as well as cater to a younger demographic.
HSBC Holdings is buying the U.K. arm of Silicon Valley Bank, the culmination of a frantic weekend where ministers and bankers explored various ways to avert the SVB unit's collapse.
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The internet giant's planned gaming service may create an omnichannel model for banks to emulate.
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As more national banks leave smaller communities and focus on large customers, fintechs are creating an "Uber effect" with an easier experience. Small businesses are increasingly looking to borrow money and fund their growth initiatives, and need a partner who can deliver, argues William Phelan, president of PayNet.
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More attention should be paid to strategically preventing and mitigating problems that harm bank reputations.
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President Donald Trump said he inherited an "economic catastrophe" from his predecessor in a joint address to Congress, though markets fell Tuesday on fears of a budding trade war with Canada and Mexico.
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Edward Arthur Nurse was in charge of the vault at Park Side Credit Union. Then $389,000 went missing, replaced by piles of fake cash.
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Sympera AI, an agentic AI fintech founded by Personetics founder David Sosna, seeks to offer AI tools to banks looking to scale their relationship banking.
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The banking sector has stabilized significantly since the spring of 2023, but elevated interest rates have created lingering issues on bank balance sheets.
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Independence Bank can cease operations once it satisfies the conditions in an FDIC consent order. Liquidation would close out a five-year drama that began when regulators cited the bank for SBA lending irregularities.
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Goldman Sachs Group is planning to start its annual round of reductions earlier in the year after previous cuts took place in the latter half.
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The credit card issuer's earnings missed Wall Street estimates, but it reported improvement in sales, delinquencies and charge-offs. Management said unclear political direction and cloudy monetary policy could threaten an already conservative outlook for 2025.
The group was still the most active such gang last year, but its activity appears to have been severely hampered by law enforcement.
The 23rd annual ranking of women leaders in the banking industry.






































































