Knox, who has led the private bank for the past 7 years, is building out a multigenerational team to support the needs of current and future clients.
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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Visa Inc. is facing fresh scrutiny from the US Justice Department over how it charges merchants for technology it uses to protect cardholder information.
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President and COO Dave Glaser discusses his company's strategy as demand builds for services that could stress older systems.
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Discover Financial Services' announcement of the immediate resignation of longtime executive Roger Hochschild comes weeks after the company announced it overcharged merchants for 16 years.
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Thirteen percent of affluent Americans closed at least one investment account in the last year, more than double the pace in the previous five years, a report says.
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According to a study by Aon Hewitt, Generation Y workers can expect stagnant wages, job insecurity and a steady decline in pension plan and retiree medical benefits.
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Jerome Dodson at Parnassus Investments says growing public pessimism about the economy in 2010 persuaded him to buy stocks.
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The House Financial Services Committee chair also acknowledged that his capital-formation bill still faces a potentially tough Senate vote.
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With the program set to expire July 31, the House bill will have to be reconciled with Senate legislation that includes a longer extension.
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The Ohio company said low unemployment is keeping business clients from expanding, while higher asking prices are forcing it to avoid bank acquisitions.
Scivantage is launching new software called sqope that helps investors track the performance of their investments.
The Indiana bank is "on offense by continuing to invest in new client-facing and key support talent and being ready and opportunistic for acquisitions," CEO Jim Ryan says.
A new question field on the Consumer Financial Protection Bureau's consumer complaint form is tied to an advisory opinion on customer service related to customers' requests for information, industry experts say.
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Long after the pandemic is finally behind us, the many security and financial benefits owners, management companies and fans alike receive from having the technology in place will remain too invaluable to ignore, says Corsight's Rob Watts.
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Mainstream attention to crypto and active projects mean it's time to have a strategy for CBDCs, says R3's Todd McDonald.
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Accounts payable is one of the most paper-intensive business functions, with lots of room for more environmentally sound processing, Daniel Ball of Medius says.
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Schoneman takes the long-term view on investing to navigate market volatility.
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Guild said that the rapid acceleration of AI is creating "new, expansive cybersecurity challenges" for banks.
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Sen's remit spans domestic and cross-border payments, commercial cards, clearing, and payments acceptance.
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Vidoni launched a new AI-driven ad campaign this year targeting CFOs and executives seeking commercial and industrial loans.
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Leslie's mandate spans the entire investment banking and trading apparatus at Goldman.
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In addition to overseeing wholesale banking, LoCascio is managing dozens of the bank's technology projects.
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Market watchers expect the Federal Open Market Committee to announce a 25 basis point rate cut today, but are also watching for signals of more cuts to come and how many members push for a larger 50 basis point cut.
A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Alacriti
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