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The Cincinnati, Ohio, bank targeted Rize Money due to its "ease of accessibility," according to Fifth Third's head of wholesale payments. The acquisition comes as the $205 billion-asset bank has seen wealth and asset management revenue decline in recent years.

Zest AI and Origence designed a new white-labeled product for institutions that lack the resources to develop a custom platform based on artificial intelligence.

Experts say banks should start stepping up their encryption now, because hackers can steal it now and decrypt it with quantum computing later.

After First Citizens acquired SVB in March, HSBC poached 42 bankers, misusing SVB's confidential, proprietary and trade secret information to execute their scheme, according to a complaint filed Monday in federal court in Northern California.

Traders added $2.1 billion to short positions in regional banks for the five-day week ending May 19, a net increase of about $2 billion from a week earlier, according to data from S3 Partners LLC.

Wyoming had sought to intervene in the contentious lawsuit over master account access, citing concerns about its special purpose depository charter. The judge said it had no standing.

A processing rail that's always turned on can potentially help a credit union that's multiple time zones away from partners, or a community bank looking to automate payroll.

The $15 a share price represents a 121% premium to where Greenhill's stock traded at the close of Friday, before the deal was announced.

JPMorgan bought First Republic Bank earlier this month after it became the second-largest bank failure in U.S. history and the fourth regional-bank collapse this year.

As the Federal Housing Finance Agency considers how to prepare the system for the future, it can keep member liquidity steady while still boosting affordable housing.