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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The credit card giant says its proposed acquisition of Discover would facilitate a bevy of community development activity and philanthropy. But some public advocacy groups are skeptical.
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CTrust is providing scores specific to the legal weed business, an industry that poses a lot of challenges and opportunities for banks and other lenders.
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The Chinese technology giant is partnering with BNP Paribas to reach more merchants; Sequoia makes an investment offer that could boost confidence in Stripe; and more.
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First Republic Bank in San Francisco has promoted Mike Selfridge to the newly created role of chief banking officer.
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A handful of entrepreneurs have created apps that let workers, especially those with inconsistent incomes, receive portions of their paychecks before payday. Their emergence underscores how slower payments look out of date in an on-demand world.
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In a few instances, banks have temporarily blocked data aggregators from screen scraping customers' bank account information. Are the banks exercising appropriate judgment or obstructing potential competitors?
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The Department of Housing and Urban Development has proposed an overhaul of an Obama-era rule meant to guide local jurisdictions in how they comply with the Fair Housing Act.
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November's foreclosure starts hit their lowest level since Black Knight started tracking this data in 2000, while the foreclosure rate reached a 14-year low.
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Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.
As banks develop their customer digital banking channels it's increasingly clear mobile devices are the glue that will bring different experiences together. But there's one problem: mobile banking hasn't even really taken off yet.
The Cleveland-based bank took a hit from a large bond sale, leading to a quarterly loss. But net interest income rose, and the company expects that metric to hit a key milestone in the fourth quarter.
As the president's policy changes on a dime, machine learning can quickly alter strategies for compliance, payments and supply-chain management.
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We have the tools to address our housing challenges through a mix of regulatory reforms, policy changes, incentives and investment. What's needed is the will and leadership to put those tools to work.
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Treasury's plan to overhaul the certification process for community development financial institutions will benefit the communities served by those institutions.
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Data from recent bank failures suggests that prevailing assumptions about which deposits are the most volatile could be dangerously flawed.
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The megabank laid out a series of changes, including the impending departure of its chief financial officer and other executive shifts related to a revamp of its U.S. personal banking line of business.
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The Minneapolis-based bank launched the Split Card, a Mastercard that turns purchases into three-month installment plans, in an effort to attract younger customers.
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Former U.S. Bank veteran files for a de novo charter to launch VALT Bank, a tech-heavy business lender targeting 'digitally demanding' small businesses.
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Supplies of the one-cent coin are plummeting. Businesses can't give exact change. Banks are struggling to resupply them. And amid it all, the federal government has said almost nothing.
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Federal Reserve Gov. Stephen Miran reiterated his view that monetary policy has become more restrictive than economists think, but expressed increased urgency that the central bank take strong corrective action.
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The Consumer Financial Protection Bureau plans to transfer its entire enforcement and legal divisions to the Department of Justice and is likely to staff in those units, according to sources briefed by agency leadership.
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Philadelphia-area Citadel Credit Union is starting to see a payoff from a major investment in its business banking operations.
ICBA argues Bridge's stablecoin model pushes the trust charter beyond its intended fiduciary scope.
The 23rd annual ranking of women leaders in the banking industry.


































































