The mortgage industry's digital transformation is revolutionizing the home buying experience and upending the status quo for lenders and servicers. The Digital Mortgage Conference is the premiere event exclusively dedicated to these developments, bringing over 1,500 professionals to Las Vegas on Sept. 17-18 for keynote speakers, panels and the main attraction: live product demos showcasing the latest mortgage innovations.
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The Bank of New York Mellon had 117 different AI solutions in production at the end of September, Chairman and CEO Robin Vince said. That's up 75% from the second quarter.
October 16
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An internal error worth more than double the world's GDP highlights both the operational risks and the transparent, self-correcting nature of public blockchains.
October 16
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Vivek Oberoi is a strategic finance professional with over a decade on commodities and credit desks at Deutsche Bank and Standard Chartered. He was most recently the CFO of the Citi Costco co-brand credit card.
October 16
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Noninterest income at the Minneapolis-based company jumped more than 10% during the third quarter, while asset quality improved and expenses held steady. "Our focus is very much on organic growth," said CEO Gunjan Kedia.
October 16
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Federal Reserve Gov. Stephen Miran said Thursday that the central bank's forays into examining climate change and racial justice under the prior administration politicized the Fed. He also argued that Fed officials should limit their comments on economic policies such as tariffs.
October 16
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Federal Reserve Governor Michael Barr said strong oversight mechanisms and consumer protections are needed for stablecoins to make them a more viable payment instrument.
October 16
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Noelle Acheson looks at how zero-knowledge proofs are more than a new way of looking at financial compliance — they also change how we understand the ownership of knowledge.
October 16
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The bank technology company has released Smart Basket, which uses emerging artificial intelligence to improve transaction routing, a strategy that's quickly becoming table stakes for fintechs and financial institutions that offer payments.
October 16
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The Canadian bank plans to sell the branches, which are mostly in the Midwest and Great Plains, to First Citizens Bank in North Carolina. At the same time, it plans to build 150 branches over the next five years in markets with longer-term growth prospects.
October 16
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Muhammad Fahmy is senior vice president and general manager at ADP TotalSource. In his role with ADP TotalSource, Muhammad oversees one of the nation's largest professional employer organizations (PEO), providing clients with full-service HR, including benefits, payroll, compliance, talent strategies, a dedicated HR professional and more.
October 15
