Technology
The era of banks being customers' sole source of financial services is long gone, and regional banks need to accelerate their adjustment to that fact.
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Broker-dealers, investors and clearing companies, among others, will have to upgrade their operations and technology to meet SEC regulations.
July 21 -
FNB Corp. and Bank of America are experimenting with ways to meld the benefits of account-opening in a branch with the efficiency of online.
July 20
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The Cincinnati bank said that it plans to reduce originations in the segment by 15%. It is leaning into businesses that provide an opportunity to build deeper customer relationships.
July 20 -
The managing director of Arjuna Capital led a successful shareholder activist campaign in 2018 that led to dozens of large companies reporting their true gender pay gap numbers. Now she is pursuing companies who are moving too fast with advanced AI.
July 19 -
More than two-thirds of Citi's U.S. commercial clients are using the platform, and a global rollout is next.
July 18 -
Such concerns have taken on new importance with recent advances in artificial intelligence tools, which are "the most transformative technology of our time," Securities and Exchange Commission Chair Gary Gensler says.
July 17 -
Experts and industry leaders said banks are pumping investment into technology that can connect information silos.
July 14 -
The Charlotte bank plans to use quantum computing to stiffen cybersecurity, run more advanced AI applications and create new commercial use cases alongside IBM engineers.
July 12 -
High interest rates could dampen demand for refinancing, which took a hit during the pandemic-era pause in federal student loan payments. "Curb your enthusiasm," one analyst said.
July 10
