Corporate treasury typically works in sequence. Money moves, banks record it, statements arrive, and finance teams reconcile what happened. Fast forward to today, and that...
Brazil-based bank Itaú Unibanco Holdings S.A. has secured preliminary approval from the Office of the Comptroller of the Currency (OCC) to establish a new national...
The next frontier in working capital management isn’t squeezing another day out of receivables or stretching another day of payables. It’s deciding whether those dollars...
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...
A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial...
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,...
Citi has debuted Custody+, a suite of near or real-time custody solutions. The banking giant announced this new offering Tuesday (Aug. 18), noting that it...
The Blockchain Association is urging the Supreme Court to take up Custodia Bank’s long-running fight for access to the Federal Reserve’s payment system, warning that...
Congress is considering a major rewrite of federal financial privacy law that could offer banks and other financial companies a consequential bargain: substantially stronger consumer...