Technology

On-chain infrastructure is making idle balances obsolete. The OCC needs to act before banks lose the ability to compete in a market where consumers no longer tolerate below-market-rate returns.

Jay Plum, head of consumer lending at Fifth Third Bank, says artificial intelligence is fundamentally shifting relationships between banks and their third-party software vendors, allowing banks to do things on their own that they would previously rely on vendors to do for them, like identify risky loans and prepare for exams.

The card brand introduced tech for businesses to tap agentic AI, while Revolut counters Italy's accusations of inaccurate marketing. That and more in the American Banker global payments and fintech roundup.

Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.

American Banker data found that those who upped artificial intelligence spending by more than 25% in the last year saw major improvements in employee output.

Banks' core ledger systems are a sclerotic holdover from the past. The future belongs to the banks that set them aside and allow transactions to close in real time.

Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.

The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.

Financial institution members of The Knoble will be using AI to monitor transactions around the soccer games for signs of trafficking and share suspicious activity information with each other.  

From the war in Iran to reviving the American Dream, the CEO of JPMorganChase has a lot on his mind. Here are five takeaways from his message to shareholders.