Finance

Utilizing AI and automation will help stop hackers and reduce repetitive jobs, allowing institutions to save money and reinvest more into products for members.

A big splash by Fifth Third, a bid by WSFS to reinvent itself and some bold long-distance expansions highlighted a year where deal activity held steady but premiums rose.

Treasury Secretary Steven Mnuchin called top executives from the six largest U.S. banks over the weekend, he said Sunday on Twitter, a move that followed heavy losses in the stock market last week and a partial federal government shutdown.

Prometheum may succeed whether others have failed because it has attempted to work closely with regulators.

Amid rising rates and a surge in lending, credit unions will need to find additional sources of deposits to fund growth.

Bank of America is loosening the reins on its investment bankers, sending out dealmakers in search of more middle-sized transactions in the U.S. and seeking to regain market share after cutting back on risk.

Good Money just raised $30 million and is a year away from launching, but already is raising concerns for its trash-talking of established players.

Stock Yards will remove a competitor in Louisville, Ky., and enter two markets outside of the city.

The Indiana-based institution has increased its starting pay for the last three years.

The agency’s rate cap for banks that are less than well capitalized contains several flaws and poses problems for community banks.