J.P. Morgan Chase’s board said Monday (April 8) that planning for an orderly CEO transition in the medium term is one of its top priorities....
Bank of America’s virtual financial assistant, Erica, is now engaging with clients 2 million times per day. Clients’ use of the virtual assistant has accelerated since...
Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. The new Oracle Financial Services Compliance Agent “identifies and remediates vulnerabilities,”...
TD Bank Group and Google Cloud have partnered to streamline the bank’s development and deployment of new applications. The collaboration aims to accelerate the rollout...
JPMorgan Chase has announced a new organizational structure for its Global Banking (GB) business. The GB business now brings together the bank’s Commercial, Corporate and Investment...
Commerzbank is updating its payments platform in Germany to execute cross-border payments. The bank will use the Swift network to process cross-border payments and the...
The fraudsters are wilier than ever. The dark web offers all manner of details up for sale, from email addresses to Social Security numbers. And...
Traditional wealth management services often involve face-to-face interactions with financial advisors, extensive paperwork and opaque fee structures, making the process daunting for many potential investors....
The technology, government and financial sectors made the greatest number of job cuts during the first quarter. Across all industries, U.S. employers announced 257,254 job...