Employees are using ChatGPT without telling their managers and the IT team. That's not necessarily a bad thing.

A new award will recognize innovations that are changing the way bankers do business.

Individual victims of the data breach could get up to $3,000, but most will see around $20, possibly less. The breach also affected fintech partners.

Financial services executives report seeing an increase in quantifiable value from AI investments in the fifth annual Broadridge survey.

Payments innovation under a second Trump Administration could be up to past and present payment technology executives, per new American Banker data.

Regulators should approve the deal because post-merger, the servicing market remains fragmented and the mortgage origination business is even more dispersed.

The state's banking commissioner said the married founders of Valuex Research and Valuex Fintech used investor money for rent, plastic surgery and shopping instead of funding a promised investing tool.

The new system is intended to help trading partners improve liquidity, mobility and speed, the organization said.

SEC Commissioner Hester Peirce said it was important for the agency to not stifle innovation through its regulatory approach.

The industry was already spending billions to automate before 2020. What it needed was a cultural shift to try new things.