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The two financial institutions are testing a combination of machine learning and blockchain to catch errors and block fraud on international transactions.
June 25 -
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.
June 25 -
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.
June 24 -
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.
June 24 -
As many financial institutions around the world prepare to adopt the ISO 20022 standard for sending international payments by March of 2025, experts say banks failing to make timely preparations could risk losing some customers and payments volume.
June 24 -
There were 27 bank acquisitions worth $5.45 billion announced in the second quarter as of mid-June. That was more than the $5.2 billion combined value of deals announced over the previous five quarters.
June 24 -
The former head of Square Banking at Square is one of American Banker's 2024 Most Influential Women in Fintech.
June 24 -
The CEO and founder of SpringFour is one of American Banker's 2024 Most Influential Women in Fintech.
June 24 -
The Co-founder and CEO of Stratyfy is one of American Banker's 2024 Most Influential Women in Fintech.
June 24 -
The chief growth officer at Pagaya is one of American Banker's 2024 Most Influential Women in Fintech.
June 24