The Office of the Comptroller of the Currency’s charter-granting activity doesn’t just show that a new rash of financial services firms are successfully becoming banks...
The U.S. Treasury Department announced Monday (Aug. 24) the launch of a public-private initiative aimed at helping financial institutions and systems migrate from today’s widely...
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,...