MINNEAPOLIS -
The speculation comes as one after another of third-party service providers for CUs are being snapped up in takeovers. Last week, eFunds, the processor for the credit union-owned CO-OP Financial Services, agreed to be acquired by Fidelity National Information Services. That followed takeovers of Open Solutions, Digital Insight, John H. Harland Co., Corillian, First Data Corp., Sallie Mae, and Bisys Group.
The Minneapolis-based superregional bank is leaning into a sector that has been at the center of the Trump administration's economic policies.
Experts from JPMorganChase, Flywire and the Federal Reserve stress protecting data and vetting users as part of a strategy to make sure "good AI" beats "bad AI."
The card network is incorporating artificial intelligence into its commercial payments to help businesses get a better view of their accounts payable business.
The trends of big profits, consolidation and slow organic growth are creating a lot of contradictions with the pay of financial advisors and other RIA staff members, according to The Ensemble Practice's annual tracking study.
From shopping for better interest rates to tax strategy to cash flow, financial planners can play a vital role in helping clients prepare to take out a mortgage.
The Federal Reserve governor who oversees the central bank's payments operations said artificial intelligence could improve efficiency and security while also posing new risks.
