A global financial watchdog is calling on banks to increase their oversight of agentic AI. The Financial Stability Board (FSB) made that call in a report published Thursday (Oct....
Federal regulators said some of the largest banks in the United States allowed political concerns to shape who received services. The Office of the Comptroller...
Kraken parent company Payward is expanding its banking efforts by acquiring Finland-based Saldo Bank. Payward says the deal, announced Wednesday (Oct. 14), marks the next...
Large banks are putting more credit cards into the hands of consumers with low credit scores, but they are not pairing that expansion with large...
Cross River Bank has selected former Lazard Asset Management CEO Evan Russo as its new president. The appointment will see Russo work with Cross River...
The race to modernize corporate payments is becoming a contest over where businesses want their money to live, rather than how quickly they can move...
JPMorganChase’s third quarter results showed consumers kept spending and borrowing during the quarter, while credit quality remains strong. Management also detailed Tuesday (Oct. 13) that...
Federal financial regulators have clarified that banks and credit unions can use government-issued digital credentials to verify customers’ identities, potentially streamlining account onboarding. But according...
Huntington Bank has added an international corporate banking group to its corporate, specialty and government banking division. The expansion, announced Tuesday (Oct. 13), is designed to help foreign...