Gen AI to boost customer loyalty, Forrester says
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Gen AI to boost customer loyalty, Forrester says
Financial services providers are exploring generative AI uses for coding, customer service and..
Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market..
Academy Bank taps tech to boost Gen Z credit knowledge
Academy Bank Gen Z clients are reporting challenges with credit knowledge, and the bank is..
Trump Taps Investor Scott Bessent as Treasury Secretary
The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s..
Inside look: Ally developing multicloud hybrid strategy
Ally Financial does not aim to be 100% cloud native — it is instead opting for a multicloud hybrid..
The Finastra breach: 3 security takeaways
Identity-based attacks are on the rise as evidenced by London-based tech provider Finastra’s..
High-Yield Savings Accounts Are Still a Good Deal
Interest rates have been falling, but deposits are earning more than inflation.
42% of FIs plan to invest in customer ID solutions in 2025
Financial institutions are prioritizing investments in digital solutions to combat cybercrime in..
Clearview FCU to save 6K working hours through RPA
Clearview Federal Credit Union has seen positive returns on its automation processes and aims to..
Mastercard’s Tharani joins Bank Automation Summit 2025 speaker faculty
Sabrina Tharani, senior vice president of fintech and venture partnerships at Mastercard, will join ..
Ally saves $30M annually through automation
CHARLOTTE, N.C. — Ally Financial is deploying AI to boost efficiency and modernize processes to..
Just 40% of financial institutions satisfied with cloud investment
Many financial institutions are not satisfied with the investments made in their cloud..
Citizens digital tools offer intuitive experience
Citizens Bank continues to focus on building out its in-house solutions, adding digital tools to..
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower..
Howard Lutnick Is Scouting Trump’s Nominees. Some Will Oversee His Interests.
Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is..
Digital offerings draw younger clients to FIs
Younger bank clients are seeking more digital offerings from financial institutions as interest in..
5 questions with … John Frerichs of JPMorgan Chase
Chase for Business is innovating to meet the evolving needs of its small- to medium-sized business..
Why Bond Yields Are Rising After Trump’s Victory
Yields on government bonds — which underpin all kinds of borrowing in the economy — are rising. But ..
Here’s What to Watch as the Fed Meets Thursday
Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about ..
Citizens streamlines account openings with in-house solutions
Citizens Bank is moving away from third-party vendors and launching in-house solutions to simplify..
Alliant Credit Union saves customers $500M in 2024
Alliant Credit Union is looking to create value for its customers by offering digital solutions..
Tech roundup: Giants report growing cloud revenue
Tech giants are reporting growing cloud business as companies around the globe adopt generative AI..
CFPB director favors ‘the end of screen scraping’
LAS VEGAS — The Consumer Financial Protection Bureau Director Rohit Chopra hopes the financial..
I’m Out of Work. Can I Take a Job in a Predatory Industry?
The magazine’s Ethicist columnist on what to do when your financial needs conflict with your..
Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
In an interview, the Treasury secretary also highlighted progress at the World Bank and the..
Fifth Third’s tech spend jumps 5% YoY
Fifth Third Bank’s overall noninterest expenses increased in the third quarter driven by higher..
Revolut Business, Amex team up for payments acceptance
London-based Revolut Business is accepting American Express cards to boost revenue. Revolut..
Want More Inflation? Go Ahead, Let Presidents Meddle With the Fed
When presidents try to influence the central bank, they tend to push for lower interest rates — and ..
Wells Fargo’s tech spend up and headcount down in Q3
Wells Fargo trimmed its staff and total costs in the third quarter, with efficiency in mind. “We..
TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case
The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money..
Banks diversify with healthtech investment
U.S. banks are investing in health care payments technology companies to diversify revenue. The..
U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to..
Fed Chair Powell Underscores That More Rate Cuts Are Coming
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up..
Wells Fargo applies vendor tech across business lines
Wells Fargo looks across all of its business lines when making investment decisions and selecting..
Trump’s Huge Civil Fraud Penalty Draws Skepticism From Appeals Court
A five-judge New York appellate panel questioned both the size and validity of a judgment of more..
Real-time data drives consumer decisions post rate cut
Financial institutions are looking to real-time, data-driven insights to suggest actions clients..
SMEs ‘one of the biggest winners’ of open banking
Open banking regulation set to finalize this fall will boost small- and medium-sized-enterprise..
Transactions: Citizens Bank, Navan team up for travel expense management
Citizens Bank has teamed up with Navan to provide its commercial customers with travel expense..
Central Banks Around the World Are Cutting Rates
Inflation has fallen in most developed nations, and central bank officials are now trying to steer..
An Interest Rate Cut
We explore the politics of today’s Fed announcement.
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