FDIC-insured commercial banks and savings institutions reported a return on assets ratio of 1.37% in the second quarter, marking one of the best results since...
Watch more: What’s Next in Payments With Jason Goldberg of i2c Payments executives have always had reasons to be paranoid. The trouble now is deciding...
Hawaii-based community bank American Savings Bank has filed for a proposed initial public offering, the bank said in a Monday (Aug. 24) press release. American Savings Bank publicly filed a...
Goldman Sachs aims to ensure that new artificial intelligence tools don’t lead to a loss of knowledge within the institution, Chris Churchman, head of the...
Standard Chartered and HSBC have completed the first interbank transaction executed on Swift’s blockchain-based ledger, Standard Chartered said in a Wednesday (Aug. 19) press release. This live cross-border transaction demonstrated...
Ant International says several of the world’s biggest banks are using its new AI model. The Singapore-based FinTech giant’s Falcon Time-Series Transformer (TST) 2.0 artificial intelligence...
Banks repeatedly perform similar due diligence on technology providers, and an industry-standards effort involving the federal regulators would make portions of that work reusable across...
Data monetization and real-world asset tokenization company Datavault AI is set to acquire Wyoming financial institution BankWyse. “This acquisition adds the final piece to Datavault AI’s data...
The Federal Deposit Insurance Corporation is considering an industry-led standards organization that could certify FinTech companies and other bank service providers against common risk-management benchmarks,...