Business Development International Inc.

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Politics and policy

Warren, Blumenthal press OCC on NYCB-Flagstar deal approval

Sens. Elizabeth Warren, D-Mass., and Richard Blumenthal, D-Conn., detailed how New York Community Bank grew to exceed the $100 billion threshold that triggers tougher bank requirements and set the bank on a path to market turmoil via a series of deals that were approved, in part, by the Office of the Comptroller of the Currency.

By Claire Williams

36m ago
Payments

Inside FIS' use of AI to weed out false-positive card fraud alerts

When its broad-spectrum payment card fraud-detection filters generated too many false alarms, FIS implemented AI to help banks prioritize which types of fraud to investigate first, in part by muting lower-risk notifications.

By Kate Fitzgerald

52m ago
Leaders

Betsy Cohen and Sallie Krawcheck on innovation, fintech and investing

The co-founder and CEO of Cohen Circle (and former founder of The Bancorp Bank) and founder of Ellevest (and former CEO of Smith Barney, Citi wealth management and Merrill Lynch wealth management), shared their morning routines, their leadership styles and their takes on the future of fintech at an Arizent-hosted event during Fintech Week.

1h ago