Technology

An overhaul of the bank regulatory system is past due, but the urge to start tearing up the rule book must be resisted in favor of precision and the thoughtful application of some basic principles.

Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker.

The rollout of new technologies in point-of-sale retail payments in the U.S. has historically been slow, and consumer adoption of those new payment flows can be even slower. Can consumers' propensity for self checkout help push adoption?

The payment card industry must upgrade encryption before quantum computers render current security methods obsolete, FS-ISAC warned.

Plenty, a finance app for couples, shifted from subscriptions to an investment advisory fee-based model to differentiate from other couples-focused fintechs.

The money-transfer company's move came after the U.S. State Department last week renewed sanctions against the island nation. That, plus Klarna and Standard Chartered get bullish on crypto; Trump's not the first politician to rail at pennies; and other international payments and fintech news.

The governance platform is meant to prevent hallucinations, errors, bias and other problems, and to track model activity to make sure nothing goes awry.

Michael formerly led tech groups at Citi, JPMorgan Chase and Lloyds.

The bank-owned payments app saw the number of total transactions jump 24% compared with 2023. Small business transactions increased 32%.

Eric Council, Jr. will spend two years in prison for an identity theft scheme that led to a false post by the SEC on X that bitcoin ETFs had been approved.