SEO Steve Squeri told analysts its platinum card upgrade has gotten off to a strong start, and added he's not noticing signs of consumer weakness due to recent political battles.
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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Cybercrime-as-a-service tools are using generative artificial intelligence in new ways to crack payment card security, according to a report from Arkose Labs.
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Capping interest rates may be popular with consumers, and ultimately voters, but doing so would actually hurt those advocates are trying to help.
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A national interest rate cap of 36% would protect consumers from predatory practices that exploit their desperation and would level the playing field with responsible lenders who offer fair and transparent products.
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Northern Trust is bulking up on stocks of big U.S. companies and energy producers, while hanging on to an oversized holding of gold.
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T. Rowe Price has named Scott B. David director of third-party distribution, charged with overseeing distribution, sales and marketing, and expanding and deepening the company's relationships with financial intermediaries in the U.S.
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Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, wants the panel to look into how Britain's move to leave the EU – which has rankled credit unions across the pond – is impacting the U.S.
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Rep. Patrick McHenry, R-N.C., the ranking member of the House Financial Services Committee, urged Chairwoman Maxine Waters, D-Calif., to prioritize certain "critical areas" in the new Congress.
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Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.
The executive in charge of protecting JPMorgan Chase & Co.'s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members.
The Office of the Attorney General in New York says the bank violated the state's Exempt Income Protection Act, illegally transferring customers' money to debt collectors.
Tom Krause, the chief executive of Cloud Software Group, and Marko Elez, an engineer who has worked for SpaceX and social-media platform X, have offices in the Treasury Department, according to sources.
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Respecting employees’ time and expecting them to respect others’ sets a tone. It brings structure to organizations and fosters professionalism, reliability and trustworthiness.
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Roughly two dozen countries have issued central bank digital currencies or have pilots underway. But until financial services firms strengthen the security of their mobile apps, these payment tools are unlikely to gain widespread acceptance.
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Government officials spend a lot of time criticizing banks for gouging customers even though their own statistical reports demonstrate that fees are not a major issue for consumers.
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President Trump wants the two government-sponsored loan buyers to help speed lower-cost home creation and their oversight agency's director is following up.
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A new interagency guidance clarifies when banks must report suspicious activity, easing compliance workloads and narrowing the reporting requirements to focus on higher-value cases.
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Fintechs and banks are rapidly placing checkout inside apps, e-commerce sites and travel services, standing on the shoulders of a new generation of artificial intelligence and data science to revolutionize customer experience. Some of the bank executives leading the charge spoke with American Banker about the innovation's potential.
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The "Roughrider" coin, which is scheduled to launch in early 2026, will be the first state stablecoin to launch on Fiserv's digital asset platform.
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The Accountability Board, a three-year-old-group focused on corporate governance issues, said the bank shouldn't have backtracked on a longstanding policy separating the chairman and CEO roles.
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New Federal Reserve research reveals that identity theft victims who use extended fraud alerts often see significant and lasting credit improvements.
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Portugal's Feedzai will build the fraud detection system for Europe's planned digital currency, a deal worth up to $278 million.
The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Alacriti
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