Technology
Technology
-
More than 80% of bankers surveyed said they increased their tech budgets to invest more in security, data analytics and AI.
January 30 -
The Chinese startup roiled markets with its AI assistant, which appears to be a less expensive answer to ChatGPT. Banks have reasons to be cautious about this particular model but also to hope it will bring down AI's costs.
January 30 -
The group was still the most active such gang last year, but its activity appears to have been severely hampered by law enforcement.
January 30 -
Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's play for an open banking future.
January 30 -
Truth.Fi will offer ETFs, cryptocurrencies and crypto-related securities.
January 29 -
A survey by American Banker indicates that check fraud is the top fraud concern for banks, especially smaller ones. This is driving spending to prevent it.
January 29 -
USAA claims to have developed the mobile capture deposit technology and has already successfully sued Discover and Truist, among others.
January 28 -
A partnership with fintech Apiture will give the bank new online and mobile banking services by the end of 2025.
January 28 -
President Donald Trump and the first lady released their own cryptocurrencies. Experts compare them to Beanie Babies and dogecoin.
January 27 -
Biometric payment terminals were on full display at the National Retail Federation's Big Show in New York. American Banker's Joey Pizzolato tried terminals from Ingenico and JPMorgan Payments. What he found might surprise you.
January 27