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U.S. Bancorp and Truist picked literal names for their virtual assistants to avoid confusing customers, while Fifth Third and Regions created characters called "Jeanie" and "Reggie" to put clients at ease. Other companies are trying to split the difference.
October 3 -
The high court heard what is likely the last realistic judicial attempt to assert that the Consumer Financial Protection Bureau is structurally unconstitutional. It didn't go well for the plaintiffs.
October 3
American Banker -
The payments company launched a $100 million fund for generative AI, creating a potential group of partners that can build on the card network's global scale.
October 3 -
In a case challenging the funding of the Consumer Financial Protection Bureau, justices across the political spectrum questioned where — and whether — the Constitution placed limits on Congress' power to delegate funding for federal agencies outside of annual appropriations.
October 3 -
In a deal arranged by the Federal Deposit Insurance Corp., the Pittsburgh bank has bought a portfolio from the wreckage of Signature Bank. The purchase should help PNC expand its fund banking business, which helps private equity firms manage liquidity and finance investments in the short term.
October 3 -
FedNow and RTP are only going to get better and more efficient as they become interoperable and develop new use cases. It's time to get on board.
October 3
Endava -
Employees are still struggling with their financial obligations, and less than half feel good about their financial situation.
October 3 -
The Queens, New York, student inspires change by leading conversations and providing safe spaces.
October 2 -
The first-year Posse Scholar at Smith College combines her passions for business and community service to give back.
October 2 -
The North Carolina company is cutting its board of directors by more than a third, using a combination of retirements and early departures. The move means that a majority of board members will come from the predecessor company SunTrust Banks, which may give CEO Bill Rogers more leeway to make changes.
October 2







