The bank is pushing wealth managers to use artificial intelligence embedded in Salesforce and Zoom to plan, summarize and follow up on client meetings.
The Providence, Rhode Island-based bank has steadily revamped certain parts of its strategy. Now, it will update its systems for serving customers.
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In separate arrangements, Mastercard is working with SoFi and Visa is working with Bridge to build scale in anticipation of greater demand for the digital asset.
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With the likes of Amex and JPMorganChase upgrading card perks, BofA is expanding no-fee access to more customers and products and adding incentives.
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Block last week cut 40% of its staff and attributed the layoffs to artificial intelligence, leaving many to wonder whether Jack Dorsey's payments company was a bellwether for widespread AI-driven layoffs, or a one-off.
AI is transforming legacy modernization efforts as Wells Fargo builds systems for agents to take on humanlike tasks and interact with one another.
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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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BankUnited hires Wells Fargo's James Mackey to be its new chief financial officer; Ponce Bank President and CEO Carlos Naudon is named chairperson of the Community Development Bankers Association; Jefferson Bank announces the retirement of longtime President and CEO Danny Butler; and more in this week's banking news roundup.
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The student loan giant fell far short of Wall Street's expectations, but its leaders say President Trump's "Big Beautiful Bill" is likely to bring it billions of dollars in new business.
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Willamette Valley Bank cited consumer shifts to nonbanks and stubborn interest rates behind the decision, joining a line of institutions to exit since 2025.
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For the first time since early September 2022, the Freddie Mac Primary Mortgage Market Survey has the 30-year below 6%, but the 15-year gained this week.
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The bank announced Tuesday its Blueprint for Housing Opportunity plan, a five-year commitment dedicated to increasing the supply of housing.
Senate Banking Committee Chair Tim Scott, R-S.C., told reporters that community banking didn't fit into the housing package moving forward in the upper chamber, but that he's in discussions with House leaders and the White House to move a separate financial services package.
New York Attorney General Letitia James and 12 of her peers alleged Monday that the personal installment lender surreptitiously adds costs for unwanted products. OneMain denied the claims.
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In a future world where AI agents transacting in stablecoins are a major factor in the U.S. economy, the Fed's traditional metrics for identifying an economic downturn will leave policymakers dangerously behind the curve.
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Being a good CFO does not always translate into being a good CEO. Ken Thomas identifies ten different kinds of CFOs who just aren't chief executive officer material.
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Two years on from a federal report recommending the creation of a resolution fund to guard against disorderly bankruptcies, concentration among nonbank mortgage companies has only increased. Congress must take action to avoid a crisis.
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The Massachusetts senator sent an open letter to Beast Industries regarding its purchase of Step with a list of concerns about crypto investment and Evolve Bank's role.
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New study highlights the dangers banks face and potential fixes as merchants and consumers embrace the emerging form of artificial intelligence.
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Speaking at the Digital Asset Summit, the Comptroller of the Currency argued that part of his goal in shifting the agency's posture toward the crypto industry is to allow smaller financial institutions to engage in novel technologies, which he said will keep banks relevant.
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New research from American Banker finds that the largest banks are the top players in stablecoin issuance and on-chain technology adoption.
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TruLookup for Real Estate reduces the need for Realtors to access multiple databases or download numerous apps when researching a potential client or property.
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The investment firm is growing its digital asset portfolio in a "tokenization race" by being the external asset manager for Superstate's flagship on-chain fund.
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Speaking at the Digital Asset Summit, the Comptroller of the Currency argued that part of his goal in shifting the agency's posture toward the crypto industry is to allow smaller financial institutions to engage in novel technologies, which he said will keep banks relevant.
New research from American Banker finds that the largest banks are the top players in stablecoin issuance and on-chain technology adoption.
The 23rd annual ranking of women leaders in the banking industry.
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