Flex, a 3-year-old startup offering artificial intelligence-powered banking solutions for medium-sized business owners, was valued at $1.2 billion in a funding round, Reuters reported Tuesday...
Small businesses do not need another financial dashboard. They need someone to notice that cash is running low before payroll is due, that a customer...
America’s banking giants are reportedly increasing their use of digital assistants to increase their productivity. As Reuters reported Monday (July 13), banks are promoting agentic artificial intelligence...
A four-year ban on a U.S. central bank digital currency (CBDC) is set to take effect if a housing bill becomes law Saturday (July 11),...
Watch more: Need to Know With Capital One Business’ Jay Michelini Every financial institution talks about transformation. The technical work may attract the headlines, but...
Stablecoins have drawn attention for how they move money. Custody may prove to be the business that help solidify banks’ positioning in the institutional market....
Axos Financial subsidiary Axos Nevada Holding plans to acquire Arc Technologies to expand Axos’ artificial intelligence capabilities and enhance its ability to serve small businesses...
Sony Bank has received conditional approval to launch a U.S.-based stablecoin bank. The Japan-based financial institution this week announced it had a tentative green light from...
Global financial messaging platform Swift says its blockchain-based ledger is ready for use. Seventeen banks are preparing live pilot transactions on the ledger, which supports 24/7 cross-border...