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The head of data and digital at Ally Bank came up with protective measures governing the use of generative AI and organized "AI Days" for employees to learn about Ally's progress.

Investors are keeping a close eye on recent banking news, including Mastercard's latest plan for crypto, Comerica's proposed settlement of a class action, employment gains and skeptical shareholders.

Nic Beique is the Founder and Chief Executive Officer of Helcim, a payments company that delivers an easier, smarter, and more affordable payment experience with a human touch.

He is a technical founder with over fifteen years of payments experience and a deep passion for team culture, marketing, and product. His track record includes developing payment platforms for both SMBs and Fortune 500 companies.
 
He has been recognized for his contributions to the payment industry and tech economy in Canada as the EY Entrepreneur Of The Year Prairies Technology overall.

The two financial institutions are testing a combination of machine learning and blockchain to catch errors and block fraud on international transactions.

By adopting more inclusive lending practices and actively seeking to support minority-owned businesses, banks can help bridge the financing gap that often stifles the growth of these businesses.

Customers caught up in the Synapse bankruptcy are met with deafening silence from Washington as they discover their savings — or what is left of them — are held in accounts that fall between the cracks of the bank regulatory apparatus.

Later this week, the Federal Reserve will release the results of its annual check-up on larger banks' balance sheets. Experts say there are always surprises, but that pending capital rules may have a bigger impact than the stress-test results on banks' dividend and buyback decisions.