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In June's roundup of top tech news: U.S. Bank partnered with Greenlight to provide financial education resources, ransomware group LockBit released data belonging to Evolve Bank & Trust, banks consider the merits of open-source and closed-source generative AI and more.
July 5 -
The fate of Capital One's acquisition of Discover should be determined based on its own merits and not be maligned for the foibles of other failed banks.
July 5 -
Experts from Tipalti, Tulane, Cigniti and Ingenico discuss what skills will be in demand, and the importance of not being intimidated by the speed of innovation.
July 5 -
A law that took effect this week allows Florida consumers to ask state regulators to investigate why a financial institution canceled an account or rejected a loan application. The law, which applies to federally chartered banks, could lead to a legal battle over the limits of state powers.
July 4 -
The Federal Reserve's struggle in bringing inflation down from its current level to its 2% target may come down to how the government measures shelter costs in the U.S., leading some experts to question whether the problem is in the economy or in how it is measured.
July 4 -
The OCC's new Vital Signs initiative gives bankers an important tool to help them assess the financial health and stability of their customers, and to help them build a strong foundation for the future.
July 4 -
Former employees of the Austin-based City National Bank still recall the 1981 flood that deluged the city and Whole Foods, and they take pride in the lender's role in rescuing what was then a fledgling health food store.
July 3 -
The attack knocked out online banking, mobile banking and the call center at Patelco Credit Union.
July 3 -
Wise, Affirm and Bilt Rewards are among the seven fintechs whose customers' data has gotten tied up in the breach. The number of affected companies is likely to grow.
July 3 -
Reconciliation problems normally don't happen on the scale that is playing out with Synapse and its partner banks. But banks and their fintech partners can do a better job of communicating the realities of accessing financial services through nonbank entities.
July 3