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The risk of harm to users' financial health is much greater with direct-to-consumer advances than it is from earned wage access programs.
January 31 -
Zeke Faux, a Bloomberg journalist, describes his two-year odyssey to better understand cryptocurrencies in his book "Number Go Up." His work proves to be an entertaining deep dive into an industry riddled with scams.
January 30American Banker -
Generative artificial intelligence could streamline numerous operations across the financial services landscape, from building investor presentations to processing regulatory and legal documents.
January 30 -
The neobank doubled its membership to five million consumers and hired 200 people last year. Founder and CEO Renaud Laplanche explains how it fared during a time when many fintechs struggled.
January 30 -
The recent leadership turmoil at OpenAI underscored the importance of the due diligence banks must conduct before working with a generative artificial intelligence vendor.
January 29CSL Consulting, an affiliate of The NBS Group -
Financial services companies are still in the early days of utilizing artificial intelligence, meaning they must closely examine any partnership with a third party. This includes demanding evidence to back up any performance claims these outside companies make.
January 29Lotis Blue Consulting -
With the growing interest in generative AI, it seems inevitable that some banking jobs will change while others will be eliminated entirely.
January 29 -
Fintechs that jump ship to more stable sponsor banks need to prove they have a solid business and take compliance seriously.
January 28 -
The Virginia bank is one of three that have been publicly admonished by regulators this week due to problems related to their banking-as-a-service programs.
January 26 -
The San Francisco technology company is partnering with Onramp Invest to offer registered investment experts tools for facilitating larger digital asset transactions.
January 25