The former head of resolutions at the FDIC has high hopes for a bank that's been embroiled in the Synapse disaster.
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 processor wants to accommodate multiple mobile wallets and real-time processing.
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Crypto pain deepens, credit union merger is official and more in banking news this week.
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Some Affirm customers reported duplicate charges this week to their bank accounts for Affirm's buy now/pay later loans. The San Francisco-based fintech on Friday said it's resolved the problem.
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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UBS AG recently made three new additions to its adviser staff, in two different Florida offices.
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After launching an initiative to revamp its wealth management business in April, Hartford Financial Services Group said John C. Walters, current president of wealth management, will leave Hartford at the end of July to "pursue other opportunities."
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Annuities sales through banks maintained their modest recovery pace in April after hitting record lows at the beginning of the year.
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Readers weigh in on a proposal to ease the leverage ratio, how post-crisis regulations have influenced lending, a CFPB overdraft fee study, and more.
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Picking a new benchmark for adjustable-rate mortgages is the easy part. Industrywide implementation is where things get tricky.
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FHA loans made by millennial home buyers have been steadily decreasing the past four months, indicating they may be able to afford more at the moment.
Front-running schemes by the bank's foreign exchange desk defrauded clients of millions of dollars. In 2017, the Federal Reserve cited the lackluster oversight for failing to stop it.
Reps. Patrick McHenry, R-N.C., and Maxine Waters, D-Calif., who run the House Financial Services Committee, today released their report on artificial intelligence in the financial industry.
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The companies looking to bolster their presence and offer more services are hoping it will lead to greater sustainability and longevity of their platform, says Ding's Rupert Shaw.
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The combination can address the different threats posed by money muling, which is on the rise with more people at home, says FICO's TJ Horan.
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During this time of economic disruption that has deep implications for the corporate sector, financial institutions need to make AI a core part of their efforts to adjust to the new normal and take advantage of the enabling technologies that can propel adoption quickly, says Canonical's Kris Sharma.
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Global Payments executives touted the company's Genius point of sale rollout and Worldpay acquisition during a second-quarter earnings call with analysts, but some are concerned the reinvention is coming too late.
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The card brand's Pismo platform will support banking services for the Auckland-based fintech Dosh; Tether collaborates with a blockchain firm to expand USDT. That and more in American Banker's global payments and fintech roundup.
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With federal oversight easing, Rhode Island joins states pushing cybersecurity laws for finance companies not covered by federal bank regulators.
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In an effort to compete with the vast resources of big banks, credit unions are partnering with fintechs to deliver banking products designed for children.
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The New York-based digital-only bank is seeking to partner with more brands after a recent deal opened the way to serving millions of AAA customers.
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High interest rates and tough economic conditions played a role in the credit woes that overcame BayFirst Financial's small-dollar lending effort.
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"During my tenure as CEO, we have never entertained discussions regarding the sale of the company with any financial institution," CEO Michael O'Grady told analysts Wednesday. The Wall Street Journal reported last month that the two banks' CEOs had at least one conversation about a potential merger.
Ocala Community Credit Union is the latest credit union to partner with InvestiFi and offer crypto investments for its members.
The 23rd annual ranking of women leaders in the banking industry.






































































