The Minneapolis-based bank has rolled out payroll and bill pay features four months after unveiling a service to monitor card spending. An accounts receivable solution is on deck.
Buying stolen data is an effective way for banks to determine the source of a breach. But fraudsters are increasingly putting up roadblocks because such deals might make it tougher for them to break in next time.
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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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Despite tougher economic conditions, BNPL lenders are driving growth by expanding to new audiences and checkout channels, as well as fine-tuning proprietary risk-management models.
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Walmart adds BNPL to self-checkout via Affirm, Uber integrates with payment firms Brex and Ramp, Fulton Financial announces next president and more in the weekly banking news roundup.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
Bank stocks are up this year as interest rates have leveled off and there are hopes that pressure on lenders' profits could moderate.
The Senate Banking Committee and House Oversight Committee will hold hearings next week on banks dropping customers, an issue that has gained currency from crypto enthusiasts in recent months.
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For too long, Community Reinvestment Act enforcement has relied on income to serve as a proxy for race. This must stop.
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The agency must take a principles-based approach rather than trying to cover every possible issue in detail.
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It is essential to place the central focus on race, to bring nondepository mortgage lenders under the Community Reinvestment Act umbrella and to address bias in home appraisals.
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Volunteering for more responsibilities put this tech exec in line to run software projects of increasing importance to her bank.
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Hired as a litigator, Harris switched to operations to add new technology to UMB's legal department.
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Kearney-Lederman is on a mission to make economics "cool again."
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Andress credits her success as a trader, in part, to being a "very genuine, down-to-earth" Midwesterner.
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New client acquisition was standout in 2024. Scarry's "intensity" is unwavering as she looks to grow the EMEA equity long-short client base in the year ahead.
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Transforming philanthropy to have lasting impact requires "igniting innovation" — not just throwing big money at problems.
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Banks should seize the opportunity to assert themselves as a key partner for consumers when it comes to verifying their identities across multiple platforms and services.
There are regulatory and technology efforts to reform international payments, but it's a multifaceted, long process. Swift, The Federal Reserve, and fintechs like Wise and Revolut are pushing potential solutions. Here's what banks need to know.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Accenture
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