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[ad_1] LAS VEGAS — The Consumer Financial Protection Bureau Director Rohit Chopra hopes the financial services industry moves away from screen scraping although its Oct. 22...
[ad_1] Banks should look to their core providers to ensure they have the API frameworks to be compliant with this week’s Consumer Financial Protection Bureau ruling...
[ad_1] Capital One invested heavily in integrating Discover Financial Services in the third quarter as it prepares to acquire the company, providing the transaction is approved...
[ad_1] Generative AI allows banks to analyze unstructured data, which makes up about 80% of all data within financial institutions — a capability not possible just...
[ad_1] Banks with more than $1 trillion in total assets are developing and deploying AI and generative AI at twice the rate of smaller institutions. Larger...
[ad_1] IBM’s generative AI business climbed more than $1 billion in the third quarter, reaching $3 billion as clients invest in the tech. “Clients are...
[ad_1] E-commerce giant DoorDash has teamed up with fintech Fiserv for embedded finance services. “This solution enables DoorDash to offer its delivery contractors a full range...
[ad_1] Experts are assessing the effects of the Personal Data Right rule on consumers, competition and innovation following the Consumer Financial Protection Bureau’s announcement of the...
[ad_1] Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their credit-card joint venture after the...
[ad_1] Banks are investing in their digital banking offerings and Fiserv has launched a new platform to meet those needs. Fiserv launched experience digital, or XD,...
[ad_1] Dickinson Financial Corp., the holding company for $1.3 billion Armed Forces Bank, implemented an automated proactive monitoring and anomaly-detection system in the fourth quarter of...
[ad_1] US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a long-awaited rule aimed at fueling...
[ad_1] Wells Fargo’s Innovation Center in Menlo Park, Calif., is hosting meetings with partners and venture capital firms after opening in May. “We are using this...
[ad_1] Commonwealth Credit Union is using Zest AI’s underwriting solution to speed up customer service and improve risk modeling and accuracy of underwriting. “Seventy percent to...
[ad_1] Fifth Third Bank’s overall noninterest expenses increased in the third quarter driven by higher technology and communication spend. The $214 billion bank saw a $23...
[ad_1] KeyBank’s cloud migration costs contributed to increased computer processing spend despite total noninterest expense slightly declining in the third quarter. The $187 billion bank’s total...
[ad_1] Ally Financial expects deposits to flow out as interest rates go down, but it is looking to digital tools and experiences to maintain — and...
[ad_1] TD Bank is bolstering its anti-money-laundering practices with leadership changes and investment in data and technology following regulatory scrutiny resulting in major fines The Financial...
[ad_1] Truist was reminded of the importance of investing in both digital and in-branch offerings following the past month’s hurricanes, Helene and Milton. The need...
[ad_1] London-based Revolut Business is accepting American Express cards to boost revenue. Revolut clients can accept American Express card payments via channels including Tap to Pay,...