Jackie Reses, one of American Banker's Innovators of the Year for 2023, has started a de novo that will serve fintechs and crypto companies.

So-called quantum key distribution is a type of cyberdefense that financial institutions think could help protect trillions of dollars of transactions from increasingly sophisticated hackers in the future. 

From his vantage point at the intersection of finance, tech and government, Cohn shares his views the banking crisis, global threats to U.S. competitiveness in tech and the future of the national economy.

One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. The payment messaging network Swift and online gambling host Caesars are also using AI to stop people from gaming their systems.

In today's competitive banking industry, customer-centric institutions are gaining an edge in attracting and retaining customers. But what does it mean and what does it take to get there?

Wells Fargo leads $70 million funding effort targeting credit-challenged entrepreneurs; PayPal adds Tap to Pay for Venmo, Zettle; Amex names new CFO to succeed retiring veteran finance chief and more in this week's banking news roundup.

The two companies will work together on software and services for joint clients.

PeoplesBank in Massachusetts and others have developed digital brands that cater to younger customers' demands for smoother technology and mobile experiences.

The automated investment service is the latest offering from the U.K. challenger bank as it works to break into non-European markets.

The technology that powers ChatGPT can sift through and even synthesize massive amounts of data, though it must overcome doubts over reliability, transparency and regulatory risk before it can be harnessed to conduct useful research.

People love the convenience of nonbanks' financial apps. Regulators could make it much safer for them to share their data with third parties.

Younger customers want personalized engagement, including in their music playlists, experts said at American Banker's recent Digital Banking conference.

The payments and bank technology firm says its stand-alone NCR ATMCo will focus on "ATM-as-a-service."

The startup processes more than $10 billion of purchases annually and was among the first digital lending platforms in India to provide short-term working capital for small or family-owned merchants.

About 90% of surveyed bankers said cybersecurity was their biggest worry, ahead of legacy tech and talent shortage issues.

New York is seeking to procure a supercomputer to run artificial intelligence systems and gain a deeper understanding of the technology for more effective regulation. 

The allegation that Binance encouraged the use of location-obscuring technology so that it could illegally serve U.S. clients is a symptom of a broader problem for financial services companies.

The bank's subsidiary TravelBank is countering the many fintechs that are entering its market.

Measurements of financed emissions are currently plagued by differing methodologies and time lags in corporate climate disclosures, according to a new report by an environmental advocacy group.

An employment attorney shares how to make sure AI hiring tools follow policies and regulations.