To meet client demands for active strategies, crypto exposure and AI-themed funds, Auriault is helping transform Goldman's trading infrastructure.
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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The U.S. and other Western nations have imposed severe financial penalties against Russia. Will this boil over into other countries?
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A year after Russia's invasion of Ukraine thrust the country into chaos, financial services workers are helping to rebuild the country and are expressing hope for the future.
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Ryan McInerney said Visa's debit volume has remained steady in the U.K., which has had real-time payments since 2008, and it sees the Fed's instant settlement option as a potential ally,
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The U.S. investor Wilbur Ross said Wednesday that he continues to see opportunities in both Ireland and the U.K. banking systems, after bidding for the Irish EBS Building Society and investing in the U.K.'s Virgin Money.
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Goldman Sachs Group Inc. was sued by three former female employees who claim they faced discrimination in pay and fewer opportunities for promotion than men at the firm.
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Commercial lending and mortgage income surged in the fourth quarter at the West Virginia bank thanks to two acquisitions, but a tax charge cut into profits.
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The government must continue to provide support for the mortgage market in any new housing finance system, Treasury Secretary Steven Mnuchin said Tuesday.
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Michael DeVito, who was named Wells Fargo's interim head of home lending after the bank fired consumer lending head Franklin Codel, is now officially leading the residential mortgage unit.
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.
The island state's biggest banks — which reported lower profits in the third quarter — say it is too soon to fully assess the economic fallout from the deadly August wildfires. The rebuilding effort could boost near-term deposit growth and long-term loan demand, they said.
Federal Reserve chair Jerome Powell flagged a recent upward revision to income and savings data as a sign of economic strength. He said the information could factor into the central bank's monetary policy discourse during the Fed's next interest rate meeting in November.
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In these uncertain times, strengthening relationships with clients is the one thing front-line bankers can control.
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Fake card numbers are 'tested' at online sites for validity, producing real and dangerous results, says Acqra Limited's Jessica Lenung.
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While fintech's advancement creates a pathway for innovation, it also expands exposure to unintended risk, says Flywire's Mike Massaro.
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Both Fannie Mae and Freddie Mac made similar changes to their policy when it comes to disclosures and retention rules for an appeal of a valuation.
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Organizers of the planned Portrait Bank say they're well ahead of initial capital-raising goals as they near completion on leasing a property to serve as headquarters
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The payment company is incenting users to adopt Perplexity's Comet Browser, automating subscription management and shopping as card networks and other payment companies ramp up use of generative artificial intelligence.
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The wireless service plans join a variety of banking and payment products offered by OnePay, a fintech company backed by the big-box retailer Walmart.
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Credit Union of Colorado is using Scienaptic AI to make about 60% of consumer loan decisions.
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The database contained internal user emails, KPI report templates and other internal data, but no personal or financial customer data.
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The Consumer Financial Protection Bureau initiated a new rulemaking process for its open banking rule with a focus on who can serve as a representative for the consumer and whether banks can charge fees to third parties for consumer data.
The digital bank gives its business clients the option of feeding their bank account data into Anthropic's large language model, which will then provide answers to their questions.
The 23rd annual ranking of women leaders in the banking industry.
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