Bank Regulators Probe Industry Use of AI

Bank Regulators Probe Industry Use of AI
Bank Regulators Probe Industry Use of AI
June 12, 2026  |  Legal & Regulation

Banking regulators have begun asking banks about their use of artificial intelligence during routine bank examinations, Reuters reported Friday (June 12), citing unnamed sources. Get...

READ MORE >
Square Financial Services Launches High-Yield Savings to Draw Seller Deposits
Square Financial Services Launches High-Yield Savings to Draw Seller Deposits
June 12, 2026  |  Digital Payments

Square Financial Services (SFS), a wholly owned subsidiary of Block, has launched a deposit tier that pays a higher APY to Square sellers who maintain...

READ MORE >
Barclays Acquires GoHenry to Build Lifetime Banking Relationships
Barclays Acquires GoHenry to Build Lifetime Banking Relationships
June 12, 2026  |  Partnerships

Barclays is buying GoHenry, the U.K. money management platform for children ages 6 to 18, in a deal that positions the bank to capture customers...

READ MORE >
FinTechs Use Cross-Border Payments to Court Small Businesses
FinTechs Use Cross-Border Payments to Court Small Businesses
June 12, 2026  |  Cross-border Payments

Watch more: Need to Know With Mastercard’s Pratik Khowala Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

READ MORE >
Credit Unions Need AI Chat to Stay in the Conversation
Credit Unions Need AI Chat to Stay in the Conversation
June 12, 2026  |  Artificial Intelligence

Financial institutions once competed on branch networks, interest rates and, later, mobile apps. Get the Full Story Complete the form to unlock this article and...

READ MORE >
The AI Shopping Cart Rolls Faster Outside the US
The AI Shopping Cart Rolls Faster Outside the US
June 12, 2026  |  Retail

Two years ago, a shopper researching a new pair of running shoes might have started on Google, clicked through a few retailer websites and eventually...

READ MORE >
55% of Property-Payout Recipients Need Money Within Hours
55% of Property-Payout Recipients Need Money Within Hours
June 12, 2026  |  Disbursements

Instant payouts may be more than a faster way to move money. For banks, they could become a new front door for deposit growth. Get...

READ MORE >
Oracle Urges Immediate Software Patches as Hackers Breach PeopleSoft Servers
Oracle Urges Immediate Software Patches as Hackers Breach PeopleSoft Servers
June 11, 2026  |  Cybersecurity

Oracle has discovered a vulnerability in some of its PeopleSoft software that is remotely exploitable without authentication and can result in remote code execution if...

READ MORE >
The AI Price War Is Great News for Consumers
The AI Price War Is Great News for Consumers
June 11, 2026  |  Artificial Intelligence

Google cut its entry-level AI subscription from $7.99 to $4.99 a month this week. OpenAI is weighing significant reductions to what it charges for AI...

READ MORE >