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The enforcement action involved problems with the Japanese-owned Union Bank's information security and operational risk controls.
March 7
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Research from J.D. Power found that bank customers are most concerned about letting AI move money on their behalf or place a barrier between them and their money.
February 29
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Large global banks are experimenting with tokenization to make complex transactions faster, efficient and more auditable.
February 28
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BMO Financial Group doubled its mainframe capacity, prepared a cloud staging platform and used chaos engineering to ensure its Bank of the West integration went smoothly.
February 25
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An FDIC enforcement action against Lineage Bank is part of a wave of cases involving banks that have partnered with fintechs in recent years.
February 23
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Auto-enrolling its membership for a credit-scoring tool offered by SavvyMoney helped Knoxville TVA Employees Credit Union nearly double approvals across its credit card, personal and auto loan portfolios in early 2023.
February 20
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An investor in early stage fintech startups weighs in on the breakthrough technologies that will transform the relationships between banks and fintechs.
February 16
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A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.
February 12
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