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NYCB Shares Slide After Losses Deepen
The lender’s shares plunged on Friday after it disclosed more losses and said it could not file its ..
Podcast: Esquire Bank to launch lending platform in 2025
Esquire Bank considers client needs when determining where to invest in products and innovation. ..
‘One-size-fits-all’ not the best AI strategy
Customer demographics play a role in AI-driven chatbot adoption at financial institutions. “Having ..
Citizens invests in gen AI training
Citizens Bank is training employees on generative AI, engineering, cloud application and..
Big tech pulls back on in-house financial services innovation
Tech giants are bailing out on in-house financial services innovation as they look to embed their..
Stocks Rally a Day After Fed’s Big Interest Rate Cut
The S&P 500 had already been climbing as investors grew more confident that the Federal Reserve..
Open banking safer than screen scraping, experts say
Open banking regulation should promote secure data sharing while eliminating the need for screen..
Citizens hires 750 engineers to boost in-house tech offerings
Citizens Bank has hired 750 engineers over the past four years to boost its in-house technology..
Webinar on future of open banking to feature Finavator’s Beyo
Michelle Beyo, chief executive of consultancy firm Finavator, will be featured in the upcoming Bank ..
Fintech funding: AI accounts for 30% of $24B Q2 investment
While fintech funding has slowed in recent quarters, companies that focus on AI are attracting..
¿Por qué la economía china está en crisis?
Los consumidores se han vuelto más frugales, las empresas han recortado salarios y contrataciones,..
Chase check fraud not ‘a glitch,’ expert says
Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend,..
America Must Free Itself from the Tyranny of the Penny
Few things symbolize our national dysfunction as much as this accursed coin, which we mint by the..
How to Pay Off Credit Card Debt and Deal With Rising Bank Fees
More borrowers have been falling behind on their credit card bills and are paying more for basic..
Larger FIs may need more time to implement open banking
Open banking regulation is quickly approaching but financial institutions are asking the Consumer..
Wells Fargo updates virtual assistant to monitor spending
Since the start of the year, Wells Fargo has added new capabilities to its AI-driven virtual..
Monzo moves clients to backup after outage
British challenger bank Monzo reported an outage today that halted some card payments and outbound..
TD Bank sees future opportunity for Tap to Pay
TD Bank largely innovates based on customer feedback and lately it has discovered an opportunity..
Fed Will Scour Jobs Report for Signs of Weakness
Central bankers are preparing to cut interest rates, and are warily monitoring job data as they..
Barclays boosts cloud strategy
Barclays focused on the simplification of its operations and organization during the first half of..
What to Watch as the Fed Meets on Wednesday
The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later..
Bank of Valletta’s Wolska to speak at Bank Automation Summit Europe 2024
Bank of Valletta Project Manager of Portfolio Delivery Agata Wolska will speak at Bank Automation..
Fintech Funding: Startup funding jumps 11% YoY
Fintech funding saw a rebound in the second quarter as global funding increased to $8.9 billion, up ..
Is the Labor Market About to Crack? It’s the Key Question for the Fed.
Central bankers are paying more attention to the strength of the job market as inflation cools. But ..
Visa takes on not-so-friendly fraud
Dishonest consumers are upping their fraud game as “friendly fraud” becomes the No. 1 problem in..
Scammers Are Targeting Older Americans and Their Retirement Savings
Criminals on the internet are increasingly going after Americans over the age of 60 because they..
NLB Banka’s Vucic joins Bank Automation Summit Europe speaker faculty
NLB Banka Chief Data Officer Sonja Vucic will speak at Bank Automation Summit Europe 2024 about the ..
Transactions: Visa, Temenos team up for global payments
Financial technology provider Temenos will integrate money movement solution Visa Direct to its..
How to avoid another mass IT outage
CrowdStrike continues to manage the fallout from its IT outage July 19 as it works on remediation..
Truist cuts core tech, operations jobs
Truist cut jobs in core technology and operations following more recent pullbacks on tech at the..
Ally invests in data, analytics in Q2
Ally Financial continues to invest in its digital capabilities as clients gravitate toward its..
How Janet Yellen Became an Unlikely Culinary Diplomat
The Treasury secretary views food as a way to connect, and her dining decisions have become the..
Germany threatens fintech Solaris with fines over slow fixes
German bank Solaris SE faces financial penalties if it doesn’t meet deadlines for fixing controls,..
Bain, Reverence near $3.5 Billion deal for Envestnet
Bain Capital and Reverence Capital Partners have agreed a deal to take Envestnet Inc., a provider..
Podcast: ConnectOne Bank invests in data training
ConnectOne Bank invests in technology that generates data to boost efficiencies, but the systems..
NatWest agrees to acquire Sainsbury’s retail banking unit
NatWest Group Plc has agreed to acquire J Sainsbury Plc’s banking business as the British lender..
How Capitalism Went Off the Rails
Easy money destroyed the basis for productive, competitive markets.
Nearly half of Americans open to AI in banking
As the financial services industry is integrating AI in its offerings, consumers are becoming more..
Citizens to launch an ERP tool this year
Citizens Bank is looking to add new digital banking solutions for small- and medium-sized..
The Fed Holds Rates Steady and Predicts Just One Reduction This Year
Federal Reserve officials signaled that interest rates could stay higher this year as policymakers..
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