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Cloud providers don't communicate well about outages and small banks lack the right staffers, among other issues federal regulators identified.
February 9 -
Goldman Sachs, Capital One and New York Community Bank are shrinking their workforces, and other banks are planning to do the same. Whether such reductions become more widespread will depend largely on loan demand in 2023, according to analysts.
February 9 -
The payments app is gradually adding network support for substitute card numbers, which can reduce friction at the point of sale while providing fraud protection.
February 9 -
The 10th largest credit union in the U.S. is expanding its Florida footprint to Orlando.
February 9 -
Move over, stablecoins; a new type of blockchain-based currency could take precedence, a bank report finds.
February 9 -
The bank was already mulling headcount and compensation reductions in early September.
February 9 -
After 20 years at the helm, Jan Roche will step down from the company's top job this summer.
February 9 -
Amex and Microsoft are developing a business-travel expense approach that gives users a green, yellow or red code indicating whether an expense is approved, under consideration or rejected.
February 9 -
A reporter tried for more than two years to speak with Michael Bacon, the megabank's former chief security officer. Bacon eventually sat for around 30 interviews, painting a detailed picture of the Wells executive suite as the fake-accounts scandal unfolded.
February 9 -
The buy now/pay later lender posted larger-than-expected losses, and following its layoffs it will deemphasize products with an uncertain short-term outlook, such as crypto trading.
February 8















