Nacho Deschamps, group head of international banking and digital transformation at Scotiabank.

Nacho Deschamps

Group Head of international banking and digital transformation

Nacho Deschamps is group head of international banking and digital transformation at Scotiabank.

Digital Transformation

Digital transformation doesn't have to disrupt customer experience

It can be a painful process for a bank to go digital, but there are ways to ease the transition.

By Nacho Deschamps

December 24

TRENDING

Payments

Discover cuts its profit to resolve its old merchant missteps

Amid healthy first-quarter loan growth and improving credit quality, Discover Financial Services slashed its profits by $800 million to offset remediation costs from a 16-year period when it overcharged certain merchants.

By Kate Fitzgerald

21m ago
Artificial intelligence

Stanford researchers say large language models favor white-sounding names

Tests of models from OpenAI, Google and others found their advice tends to disadvantage names commonly associated with racial minorities and women.

By Penny Crosman

27m ago
Regulation and compliance

Fed's Bowman says she sees path forward for altered capital proposal

Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by industry feedback to achieve broad consensus among Federal Reserve board members.

By Ebrima Santos Sanneh

1h ago