A candid look at what happens when top financial leaders step away from their C-suite and executive management roles to pursue other equally challenging business turns—
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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As innovation in other domains accelerates, the inertia plaguing our international payment systems is a critical bottleneck, stifling U.S. businesses that choose to engage in global commerce.
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The fintech is the second in two months to launch a secured credit card. Upgrade's version will offer up to 3% cash back and elevate users to the unsecured version over time.
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CaixaBank assembled a team of more than 100 people focused on generative artificial intelligence products, Ripple changed the name of RippleNet to Ripple Payments, and more.
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More than a quarter of U.S. workers said they're "not at all confident" about their ability to afford a comfortable retirement, the highest percentage in two decades, according to an Employee Benefit Research Institute report.
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As their products become more and more complex, advisers are increasingly gravitating toward the use of fee-billing experts.
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The Internal Revenue Service audited 18.4% of taxpayers reporting income above $10 million last year, up from 10.6% the previous year.
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The private equity acquisition of the fintech vendor Ellie Mae will give it some breathing room in a declining originations market because it will have a more patient and strategic investor than its myriad shareholders as a public company.
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Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform.
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The mortgage loan origination system developer Ellie Mae is going private, agreeing to be acquired by the private equity firm Thoma Bravo in an all-cash transaction valued at $3.7 billion.
The Federal Trade Commission has closed its investigation of Morgan Stanley's massive data breach. It has identified the problem that allowed the breach to happen: access controls to a narrow set of reports were improperly configured.
The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.
Lawmakers, citing past failures, say FDIC staffing shortages weaken oversight.
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Banks need to advocate for the advancement of women-owned small businesses. Our economic diversity depends on it.
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In “The Lords of Easy Money,” the journalist Christopher Leonard examines the Federal Reserve’s policy of quantitative easing following the 2008 financial crisis.
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Managers who consciously look to set the tone by brightening work environments with their own smiles and laughter tend to create environments with greater employee and customer engagement.
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The megabank's multiyear effort to simplify its business model and improve its risk management is starting to pay off in the form of more consistent profitability and improved returns, CEO Jane Fraser told analysts.
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The credit infrastructure and analytics company secured $35 million in a Series D funding round, led by Socium Ventures, the venture capital division at Cox Enterprises, to expand cash-flow underwriting into auto lending and personal loans.
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Lebda, who died over the weekend in an ATV accident, built one of the first online financial marketplaces in 1998.
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Federal Reserve Chair Jerome Powell acknowledged skepticism around the central banks large-scale asset purchases during the pandemic, noting the Fed likely "should have stopped" sooner, but fell short of admitting that the purchase of MBS' contributed to housing disparities.
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JPMorganChase CEO Jamie Dimon said that his bank can improve its procedures to guard against fraud.
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The bank is the custodian for Anchorage's stablecoin platform, it's thinking of issuing its own and it's relaunching bitcoin custody, among other efforts.
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Within the bank's tech, operations and services organization, Brady has minimized turnover and preserved institutional knowledge.
In 2024, as the Alabama-based bank was facing more competition on its Southeast home turf, Danella was laser-focused on customer satisfaction.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Alacriti
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