Technology
Technology
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The banking crisis set in motion by the failure of three banks has the industry focusing once more on how to avoid the same scenario.
June 1 -
The bank is training a large language model to help employees and customers find answers to questions, starting in the mortgage department.
June 1 - AB - Technology
Potential uses for banks include risk analysis, investment portfolio construction and financial crime monitoring.
May 31 -
This week in global news: CaixaBank adopts softPOS; AI makes more inroads and more.
May 31 -
The banking goliath is continuing to execute its four-pillar technology investment strategy, CIO Lori Beer said at its investor day.
May 30 -
Like it or not, Big tech is going to become a player in financial services. It would be better to write rules now than to wait for a crisis.
May 29 -
Nine experts weigh in on what might happen inside the banking industry in the years to come.
May 26 -
The New York State Department of Financial Services found the company failed to adequately protect itself from data breaches. Since 2018, OneMain has suffered multiple cybersecurity incidents.
May 25 -
The intersection of fintech and ag banking is still ripe for innovation. Banks and fintechs are looking for specialized solutions for their ag customers, from harvesting data to managing cash flow fluctuations.
May 25 -
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Investments in carbon-removal credits could help scale new technologies, and they offer certain benefits over the purchase of carbon offset credits. But critics said the $200 million investment is small in comparison with the bank's commitment to reach net-zero emissions by 2050.
May 24 -
The fintech startup Renaud Laplanche launched seven years ago now works with 200 banks and offers personal loans and a combination debit and credit card. Up next: a secured card that gradually turns into a regular credit card.
May 24 -
Challenger bank focused on serving the queer community plans to cease operations next month.
May 24 -
This week in global news: Canada cuts Visa and Mastercard fees; PhonePe draws new funding, and more.
May 24 -
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The days of taking shortcuts around regulation and lax fiscal discipline need to come to an end if the industry is going to reach its full potential.
May 23 -
The Cincinnati, Ohio, bank targeted Rize Money due to its "ease of accessibility," according to Fifth Third's head of wholesale payments. The acquisition comes as the $205 billion-asset bank has seen wealth and asset management revenue decline in recent years.
May 22 -
Zest AI and Origence designed a new white-labeled product for institutions that lack the resources to develop a custom platform based on artificial intelligence.
May 22 -
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Experts say banks should start stepping up their encryption now, because hackers can steal it now and decrypt it with quantum computing later.
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