Bank transfers and electronic payments from Saudi Arabia to the United Arab Emirates are in some cases being blocked, while those going through other corridors...
FinTechs are treating banking licenses as strategic infrastructure. Klarna’s decision to apply to establish Klarna Bank USA, a Utah-chartered industrial bank, illustrates that shift. The...
Watch more: Digital Shift With AI-Empowered Mom’s Sarah Dooley Artificial intelligence (AI) has become synonymous with workplace productivity, helping employees summarize meetings, write code and...
Starling Bank plans to cut about 130 jobs as it automates roles and restructures its banking and technology operations to eliminate duplicate roles, the Financial...
Swiss bank UBS is reportedly planning to launch a bank for wealthy Americans. As part of that effort, the lender is months away from trialling...
Regions Bank parent company Regions Financial Corp. has expanded its services by acquiring The Frazer Lanier Company, a Montgomery, Alabama-based full-service investment banking firm specializing...
Watch more: The Digital Shift With Galileo’s Prashant Shah For years, core banking systems were viewed as essential but largely invisible infrastructure. They maintained account...
JPMorganChase’s artificial intelligence chief, Teresa Heitsenrether, will retire from the company at the end of the year, Bloomberg reported Wednesday (July 1). Heitsenrether has been...
For FinTechs weighing whether to become banks, the biggest obstacle arguably has been understanding where regulatory standards have tripped up other applicants. The Office of...