financial institutions

AI Startup iGenius Building Supercomputer for Financial Services
AI Startup iGenius Building Supercomputer for Financial Services
December 05, 2024  |  artificial intelligence

Artificial intelligence (AI) startup iGenius said it is building one of the world’s largest Nvidia DGX AI supercomputers with Nvidia Grace Blackwell superchips and will use it to...

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A Third of Consumers Have Been Victimized by Credit Card Fraud
A Third of Consumers Have Been Victimized by Credit Card Fraud
December 05, 2024  |  Security & Fraud

Credit card fraud is a rising concern for American consumers, with nearly 1 in 3 reporting fraudulent charges in the past year. As incidents of...

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nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
nCino Sees Vendor Fatigue as Tailwind for Multi-Solution Growth
December 04, 2024  |  Earnings

In the evolving world of financial services, the growing imperative to modernize infrastructure has created a fertile ground for innovation. Get the Full Story Complete...

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Shastic and MeridianLink Partner on Workflow Automation for Financial Institutions
Shastic and MeridianLink Partner on Workflow Automation for Financial Institutions
December 03, 2024  |  Digital-First Banking

Shastic and MeridianLink have partnered to deliver artificial intelligence (AI)-powered workflow automation to banks and credit unions. Get the Full Story Complete the form to unlock...

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New Year, New AML and Compliance Approach for Financial Institutions
New Year, New AML and Compliance Approach for Financial Institutions
December 03, 2024  |  AML

It’s almost 2025, but many businesses are still facing the same old anti-money laundering (AML) and know your customer (KYC) concerns, among other compliance requirements....

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OCC Rates 3 Financial Institutions ‘Outstanding’ in CRA Performance Evaluations
OCC Rates 3 Financial Institutions ‘Outstanding’ in CRA Performance Evaluations
December 02, 2024  |  Banking

The Office of the Comptroller of the Currency (OCC) rated three out of 19 financial institutions as “outstanding” in its latest list of Community Reinvestment Act (CRA)...

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House Committee Leaders Want Study of AI’s Impact on Financial Services
House Committee Leaders Want Study of AI’s Impact on Financial Services
December 02, 2024  |  artificial intelligence

The House Financial Services Committee (HFSC) aims to play a role in the development of artificial intelligence (AI) as the technology impacts the financial services and...

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Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds
December 02, 2024  |  Bank Regulation

The eventual resolution of the key question in the wake of the Synapse bankruptcy — namely, where the money went — will take time. Get...

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Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
Monetary Authority of Singapore Fines JPMorgan Over Inaccurate Disclosures
December 02, 2024  |  Bank Regulation

The Monetary Authority of Singapore (MAS) has imposed a civil penalty of $2.4 million Singapore dollars (about $1.8 million) on JPMorgan Chase Bank, N.A., alleging misconduct by...

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