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[ad_1] The Office of the Comptroller of the Currency announced in March that it had set up a new division to oversee fintechs and banking as...
[ad_1] How much should traditional financial institutions fear the creep of Big Tech firms into banking, payments and prospective superapps? Mega technology companies such as Amazon,...
[ad_1] Bankers show a lot of interest in advanced AI, as well as a daunting list of challenges, according to American Banker’s innovation readiness survey.Adobe Stock...
[ad_1] One might suspect that most bankers — especially community bankers — fear that generative artificial intelligence could generate misinformation or that the biggest banks will...
[ad_1] Northern Trust’s use of smart contracts is part of a trend. JPMorgan Chase has incorporated them in its blockchain projects, and just this week PayPal...
[ad_1] The three big cloud computing vendors — Amazon Web Services, Google and Microsoft — have marshaled much of their forces around generative AI. Microsoft has...
[ad_1] Banks keep shaving off the number of minutes they say it takes to open an account online. But in the branch, the process can take...
[ad_1] Large language models could change how banks interact with customers and their own knowledge bases, and how they protect themselves and their customers from fraud...
[ad_1] Financial institutions should seek to engage with younger customers on their preferred platforms and in mediums that resonate with them, like on Spotify, panelists at...
[ad_1] Lori Beer, global CIO at JPMorgan Chase, said the bank is continuing to execute its technology strategy outlined last year. JPMorgan Chase is on track...
[ad_1] Brex was one of the 20 companies that put their hat in the ring to acquire Silicon Valley Bank, or chunks of it, in March,...
[ad_1] Vestwell, a digital recordkeeper for 401(k)s and savings plans, has forged a partnership with JPMorgan Chase. JPMorgan Asset Management will be using Vestwell‘s technology to...
[ad_1] Businesses that want to safely stash sums of cash above Federal Deposit Insurance Corp. limits have options that don’t involve juggling multiple accounts at multiple...
[ad_1] Texas National Bank has been strategizing how to tackle social issues in the Rio Grande Valley. One example is its no-fee small-dollar loan, built with...
[ad_1] A cybersecurity researcher says he discovered a public, unencrypted database earlier this year associated with a business banking fintech that contained more than 1 million...
[ad_1] TMX Financial, which operates title loan brand TitleMax and other services, publicly disclosed on Thursday that it suffered a data breach exposing the personal information...
[ad_1] Transcription: Penny Crosman (00:03): Welcome to the American Banker Podcast. I’m Penny Crosman. What can be learned from the recent failures of Silver Gate Capital,...
[ad_1] State Street Global Advisors aims to cut the average time it takes to sign up new customers by 10% in the next year through a...
[ad_1] A challenger bank for Latino immigrants has closed its seed round. Comun in New York announced Tuesday that it has raised $4.5 million in seed...
[ad_1] As states continue to impose 36% interest rate caps on loans, some fintechs say these blanket cutoffs do more harm than good. There’s a place...