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Industry News

Wells Fargo bond saleswoman claims pay bias in 'boys club' team

Big banks have long faced allegations of bias against women, with several high-profile cases coming in recent years.

By Ava Benny-Morrison, Bloomberg News

3m ago
Artificial intelligence

How a Tennessee credit union uses generative AI to foster fair lending

Leaders of ORNL Federal Credit Union are piloting Zest AI's new artificial intelligence-powered assistant to ensure equitable underwriting practices and measure performance against similar institutions.

By Frank Gargano

3m ago
Payments

American Express' consumer spending thrives, but small business lags

Powered by younger, affluent cardholders, American Express saw a 6% increase in billed business during the first quarter, while weak growth still plagues its small-business segment.

By Kate Fitzgerald

1h ago