Executives at JPMorgan Chase, BNY and others discussed whether AI will kill jobs and how to work with fintechs at the World Economic Forum annual meeting.

The settlement detailed the missteps PayPal took in the lead-up to the attack and highlighted common risks — both on compliance and security — banks face.

Banks' AI deployments will now be supervised by states and the companies themselves, experts say.

The technology vendor is going outside the company to hire PNC vet Michael Lyons to replace Trump administration-bound Frank Bisignano, leaving the Pittsburgh-bank without its heir apparent for the top role.

The era of unchecked AI enthusiasm is giving way to a more measured and deliberate approach. Organizations are beginning to see AI not as a panacea but as a powerful, albeit complex, tool that requires thoughtful implementation.

The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.

The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.

A power outage and hardware failure at fintech FIS last week delayed deposits and payments at 27 banks, including Capital One.

A security researcher found a database exposing names, addresses, and bills apparently belonging to Willow Pay, a fintech for short-term financing on bills.

Dr. Scott Zoldi, Chief Analytics Officer at FICO, takes a fresh look at the ever-changing AI landscape, and what's most important to watch in the year ahead.

Organizations that represent Amazon, Apple, Meta, PayPal, OpenAI and many other large technology companies accuse the consumer watchdog, which has given itself authority over companies that facilitate at least 50 million consumer payment transactions per year, of regulatory overreach.

Quicken Business & Personal will help entrepreneurs manage their personal and business accounts on one platform by aggregating financial data from banks.

After shoring up infrastructure following the scuttled TD Bank acquisition, the Memphis, Tennessee-based institution plans to focus more on mobile banking and new product innovation.

The order calls on federal agencies to support more forms of digital identity documents and could lead more states to adopt digital driver's licenses.

Chief Innovation Officer Don Relyea and Head of Applied Foresights Todder Moning described what interested them at this year's Consumer Electronics Show, and which technologies are getting close enough to become bank-ready.

The bank, which owns a minority stake in Viva Wallet, can take over the company in June if its valuation falls before a certain level — which has resulted in a legal dispute with Haris Karonis, the fintech's owner. That and more in American Banker's weekly global payments roundup.

Banks must comply with a European Union law known as DORA by Friday. The law aims to improve cybersecurity and reduce tech failures in financial services.

At banks like Citi and SouthState, generative AI models are put through additional rounds of testing before they make it into the pilot stage.