The Swedish financial institution has developed an open standard that allows merchants' products to be catalogued and discovered by AI agents. It was designed to complement Stripe and OpenAI's Agentic Commerce Protocol.
Banks are becoming more comfortable with robotic process automation and could use it overhaul everything from the payroll functions to advising customers.
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The use cases are growing and banks don't want to risk being left behind, especially with younger customers who are more open to the technology.
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The bank and payment company are using the technology that underpins digital assets to improve interoperability for international transactions, a major point of friction in trade finance.
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The Federal Reserve released the volume of activity on its instant payments network since its launch last summer, showing a surge in usage between July and August.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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Digital banking services should solve consumers' problems and offer them advice, and they must rely on artificial intelligence and other cutting-edge technology, bankers from TD, RBC and Bank of the West said.
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Vault and Retiremap are launching products this week that are designed to help people stash cash where they can.
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KeyCorp is acquiring HelloWallet, a personal financial management product it has offered its bank customers since 2015, from the investment research firm Morningstar.
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CUNA Mutual Group previously provided this service through a joint venture with PMI Mortgage Insurance but exited the business in 2014.
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The agency said property owners can enter into new or modified forbearance plans if they have a hardship due to the coronavirus, but the landlords must agree not to kick out renters solely for nonpayment of rent.
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The American Dream Down Payment Act would let states establish and manage accounts, which would be similar in structure to 529 college savings plans.
The $4 trillion-asset bank posted its highest-ever annual profit but also said its CEO succession plan is still in the works.
The 3.5% excise tax proposed in President Trump's One Big Beautiful Bill comes with wide-ranging implications for financial institutions engaged in money transmission services.
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Understanding how a new generation of employees learn and retain information is key to a successful talent development program.
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EWA programs are not loans, no matter how loudly critics insist that they are. They provide a vital source of liquidity to hardworking families.
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Banks cannot shrug off the impact of sudden account closures as inevitable collateral damage involved in fighting money laundering.
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New research from American Banker explores how bankers predict stablecoins, subprime credit, cyber security and other factors will shape the industry at large.
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Federal Reserve Gov. Christopher Waller said monetary policy must remain insulated from political pressure, arguing that communication with the White House should be limited. Waller is slated to meet with President Trump Wednesday afternoon.
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Bank groups, crypto firms and regulators are divided over whether fiduciary digital-asset custody fits naturally within the national trust charter model — or whether, as critics argue, the agency is quietly reinventing the charter.
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In a Senate Banking subcommittee hearing, lawmakers discussed a bill that would guarantee all legal industries and all individuals fair access to banking services.
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The de novo bank, which will serve participants in virtual currency markets, is putting the regulatory pieces in place for its planned 2026 launch.
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A breach at an auto lending compliance provider highlights third-party vendor risks and has triggered class action lawsuits against the firm.
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The largest bank deal to be announced in 2025 is still on track to close in the first quarter of next year, Fifth Third CEO Tim Spence said. His comments came amid opposition to various aspects of the deal, as well as how it came together and the timeline for closing the transaction.
Fed Chair Jerome Powell, speaking at a press conference after the December FOMC meeting, said the central bank is holding interest rates steady until it gets more clarity on the economy.
The 23rd annual ranking of women leaders in the banking industry.
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