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Market Intelligence:
AI
Payments
Research
  • Industry News
    Big-bank CEOs warn of recession risk

    The chances of an economic slowdown are rising as the Federal Reserve is poised to take further steps to tame inflation, say the heads of JPMorgan Chase, Bank of America and Morgan Stanley.

    By Polo Rocha
    Staff Writer
    May 4
    JPMorgan Chase's Jamie Dimon, BofA's Brian Moynihan, Morgan Stanley's James Gorman
  • BankThink A call for collaboration in the fight against digital fraud

    Financial institutions need to begin sharing profiles of fraudsters posing as legitimate customers. The technology to do it securely is already available.

    May 4
    Greg Woolf
    Greg Woolf
    FiVerity
  • Digital banking
    Truist seeks to gamify savings with mobile app acquisition

    Long Game, which Truist acquired for an undisclosed sum, allows consumers to set savings goals and earn extra cash by playing casino-style lottery games.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 3
  • Politics and policy
    Consumer Bankers Association names Lindsey Johnson its next leader

    Johnson, who currently heads a housing-finance industry group, will take over this summer from longtime president and CEO Richard Hunt.

    By Polo Rocha
    Staff Writer
    May 3
  • Fintech
    Nova Credit tech turns bank account data into credit assessments

    Genesis Financial will use Nova Credit’s bank account data analysis to approve credit to applicants with little or no credit bureau files.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 3
    Misha Esipov, CEO, Nova Credit
  • Industry News
    8 companies helping employees access abortion care

    With abortion rights in the U.S. in danger, employers are taking measures to extend support and access to healthcare.

    By Stephanie Schomer
    Editor-in-chief
    May 3
    Abortion.Bloomberg.5.20.19.jpg
  • Commercial banking
    Japan’s SMBC Group reshuffles leadership of its Americas unit

    The $2 trillion-asset company has appointed a new CEO and chief operating officer of its growing business in the U.S., Mexico and other parts of the Western Hemisphere.

    By Jon Prior
    Staff Writer
    May 2
  • Digital Transformation
    Citi’s plans for its $1 billion tech budget in corporate banking

    Naveed Anwar, global head of digital for Treasury & Trade Solutions, is upgrading the bank’s self-service portal and expanding its embedded banking offerings for large tech and fintech clients.

    Penny Crosman Cropped
    By Penny Crosman
    Executive Editor, Technology at Arizent
    May 2
    Naveed Anwar, global head of digital, Treasury & Trade Solutions, Citi
  • Payments
    Banks gearing up to test real-time payments across borders

    About two dozen banks in the U.S. and Europe, including ABN Amro and Bank of America, are working with The Clearing House and EBA Clearing, using technology from SWIFT, to make instant international transactions ubiquitous for business and e-commerce sales.

    By John Adams
    Executive Editor, Payments
    May 2
    ABN Amro and Bank of America locations
  • Regulation and compliance
    Citi, freed from decade-old consent order, still has its work cut out

    Citigroup has been released from a 2012 enforcement action that faulted its anti-money-laundering efforts. But company executives are expected to spend a lot of time over the next few years seeking to resolve a pair of more recent consent orders.

    By Allissa Kline
    Reporter
    May 2
  • Industry News
    Jennifer Gravenor, Northern Trust Co. | Next 2022

    Preparation, skill and expertise are keys to her success both as a classical musician and as a bank leader.

    berry-kate126x126.jpg
    By Kate Berry
    Reporter
    May 1
  • Women in Banking: Next 2022
    Emily Turner, Citi | Next 2022

    An American expat living in London brings her problem-solving savvy to Citi’s Institutional Clients Group.

    Chana-Schoenberger-headshot-crop.png
    By Chana Schoenberger
    Editor-in-Chief
    May 1
  • Women in Banking: Next 2022
    Ashley Comstock, Vectra Bank Colorado | Next 2022

    Comstock, one of the youngest CFOs in the industry, has been overseeing the construction of a new $67 million headquarters.

    Mary Ellen Egan, senior editor of women's programs at American Banker
    By Mary Ellen Egan
    Senior Director, Strategy and Content, Live Media, American Banker
    May 1
  • Women in Banking: Next 2022
    Laura Howe, Wells Fargo | Next 2022

    Responsible for a five-state territory, this regional director often travels 500 miles a week visiting branches and customers.

    Mary Ellen Egan, senior editor of women's programs at American Banker
    By Mary Ellen Egan
    Senior Director, Strategy and Content, Live Media, American Banker
    May 1
  • Women in Banking: Next 2022
    Alina Crisi, PNC Bank | Next 2022

    Raised by parents who taught school and coached high school kids, Alina Crisi never planned on a career in financial services. But her innate skill in managing people and organizations has powered her quick rise at PNC Bank.

    By Kate Fitzgerald
    Senior Editor, Payments
    May 1
  • Politics and policy
    Republicans call for U.S. Senate to terminate Citi contract over abortion policy

    The move from Republican senators mirrors an effort launched in the House, where Citibank also provides credit cards for congressional business. Republicans will be unable to enact such changes unless they take either chamber in upcoming elections.

    Brendan Pederson Author Image
    By Brendan Pedersen
    Reporter
    April 29
  • Consumer banking
    KeyCorp will cut its overdraft fee to $20

    The Cleveland bank, which currently charges around $33 when customers spend more than they have in their accounts, is planning a series of overdraft-related reforms. Key follows numerous other large and midsize banks that have taken similar steps.

    By Allissa Kline
    Reporter
    April 28
  • Community banking
    Veritex adds trio of senior lenders in Houston

    The new hires joined Veritex from Bank of Houston, which has also been aggressively recruiting bankers.

    John Reosti Author Image
    By John Reosti
    Reporter
    April 28
  • Industry News
    Small banks doubt the Fed can avert a recession

    In a recent survey, just over half of community bankers expressed concern that the central bank will harm the U.S. economy by raising rates too fast in its quest to contain inflation.

    By Jon Prior
    Staff Writer
    April 28
  • Electronic payment
    Democratic senators take aim at Zelle and its bank owners amid growing fraud scrutiny

    Sens. Elizabeth Warren and Bob Menendez say the banks that own the payments system "have chosen to let consumers suffer" from unchecked fraud problems.

    Brendan Pederson Author Image
    By Brendan Pedersen
    Reporter
    April 27
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