Banks handle vast amounts of data, and understanding and making the most of that data is key to staying competitive.

Despite ESG headwinds in Florida, Climate First Bank in St. Petersburg continues to make "green" loans and plans to show consumers how their purchases affect the environment.

SVB promotes its head of payments infrastructure, Turkey approves Colendi to open a digital bank and more.

No matter how good generative artificial intelligence gets, consumers navigating the purchase of complex financial products will always demand the attention of expert human advisors.

Banks are holding their fintech partners to a higher compliance standard as regulatory scrutiny of banking-as-a-service increases.

Figure, Oportun and Brex are among the fintechs that have dropped their applications for a banking charter.

"Their criminal case is likely to move faster than this civil suit, and vindication there may also neutralize some of the negative publicity about which they complain," the judge in the case wrote.

The bank developed its cloud-based Ally.ai platform within months. Now it has rolled out its first use case: summarizing customer service calls so the agent doesn't have to multitask.

There is an urgent need for a new class of security solutions that will allow people to retain control of their decentralized financial lives with confidence and safety.

The latest draft emphasizes integrating cybersecurity into core governance functions and broadens its scope beyond just critical infrastructure sectors. It also offers guidance on dealing with novel threats, such as newer strains of ransomware.

The data-aggregation specialist will refer businesses to a payroll tech firm to streamline the process of setting up direct deposit at a new bank, as more people move their accounts to obtain better rates.

Software can help banks move computing workloads to geographic regions where clean energy is available.

Banks need to rethink their relationships with customers for an era in which transitioning to a new financial services provider carries far fewer costs.

The SEC and CFTC charged 11 Wall Street firms $549 million in penalties over recordkeeping violations. The agencies vow to continue enforcing compliance throughout the industry.

White Clay and Quantalytix are two financial technology providers whose founders spent more than a decade in banking and are intimately familiar with the issues they try to solve.

A pair of recently launched products use generative AI to actively train people on cybersecurity through the use of live simulations of real attacks.

The firms are increasingly seeking to integrate generative artificial intelligence into their products, and banks are potentially interested customers. But such efforts are costly, the risks are high and "they want to make sure that they get it right," experts say.

Through the power of digital technology and artificial intelligence, regulators around the world could revolutionize the way banks' call reports are filed, providing them with real-time information.