Fiserv has announced that Raj Seshadri, senior strategic advisor to the CEO of Mastercard, will join Fiserv’s board of directors and enhance its collective expertise around uniting commerce...
Commercial loans can take weeks to close, and Pennsylvania-based Customers Bank put its typical wait at 30 to 60 days. A pilot of its artificial...
Polygon has completed its acquisition of Coinme, making Polygon Open Money Stack a U.S.-regulated payments platform, the company said in an Oct. 14 blog post. “This is a huge step...
FinTech company Sezzle has begun the formal charter application process to establish a national bank that would offer a broad range of banking products and services,...
HSBC has launched its first stablecoin, HSBC RedCoin (RCHKD), in Hong Kong, saying in a Friday (Oct. 23) press release that it is built for everyday payments and transactions....
Banks keep their core systems because replacing them is costly and disruptive. Keeping them carries its own price. Employees work across fragmented applications, repeat manual...
Major U.S. banks are detecting and deleting unauthorized third-party artificial intelligence agents that are taking actions inside customer accounts, Reuters reported Thursday (Oct. 22), citing a...
TerraPay announced it has integrated its payee verification service with Kinexys by J.P. Morgan’s Liink network, expanding financial institutions’ ability to check bank account and...
The week in digital assets was dominated by regulation. The net-net of a wild week? Banks face renewed competition for customers’ cash after federal regulators...