Technology

Swift CEO Gottfried Leibbrandt talks about how the global messaging network is looking to stay relevant to its bank members; the potential and limitations of blockchain technology; and his views on the startups looking to disrupt banking.

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.

  • John Paulson, founder of the hedge fund giant Paulson & Co., earned a record $4.9 billion in 2010 overseeing a fund that exited the year with more than $36 billion under management, according to a new survey from AR Magazine.

  • Although 68% of asset managers have a social media strategy, that number should be far higher to meet consumer and financial intermediary interest, according to a report from kasina.

  • A majority of employees are looking for more guidance from their employers for their workplace retirement plans and their retirement goals, according to a white paper and study released Monday by the ING Retirement Research Institute.

Left: Merchants & Marine Bank branch. Top right: Ryan Hildebrand, chief innovation officer of Bankwell Bank. Bottom right: Kim Kirk, chief operations officer of Queensborough National Bank & Trust.

Community banks are in the early days of experimenting with AI and the earlier days of writing policies to govern its usage. It's key to do both at once.

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The GAO studied executive compensation on request from Rep. Maxine Waters, D-Calif., ranking member of the House Financial Services Committee, in the wake of the Silicon Valley Bank crisis in 2023.

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Bank of North Dakota

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.

Wells Fargo

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.