financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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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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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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Chief Risk Officers Suit Up for Digital Duty
Chief Risk Officers Suit Up for Digital Duty
November 27, 2024  |  Risk Management

As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. Get the Full Story...

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UK’s FCA Aims to Support Competitiveness of Financial Services Sector
UK’s FCA Aims to Support Competitiveness of Financial Services Sector
November 25, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) has launched an economic research competition that will award four winners up to 30,000 pounds (about $37,726) to...

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Mastercard Debuts Platform to Help Small Businesses Consolidate Digital Tools
Mastercard Debuts Platform to Help Small Businesses Consolidate Digital Tools
November 12, 2024  |  B2B Payments

Mastercard has introduced a new platform designed to help financial and service providers offer their small business customers a way to consolidate the digital tools...

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J.P. Morgan: Digital Identities Key to Scaling Financial Blockchains
J.P. Morgan: Digital Identities Key to Scaling Financial Blockchains
November 08, 2024  |  Blockchain

What can blockchain technology do for financial services in a friendly regulatory environment? Get the Full Story Complete the form to unlock this article and...

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MoneyLion’s Customer Growth Surges 54% on Ecosystem Upgrades
MoneyLion’s Customer Growth Surges 54% on Ecosystem Upgrades
November 07, 2024  |  Earnings

MoneyLion’s third-quarter results showed double-digit growth in customers and revenues as individuals gravitated to what the FinTech’s management termed the company’s “digital ecosystem” for personal...

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Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services
Adding Value, Driving Growth: Industry Leaders Map the Future of Financial Services
November 01, 2024  |  Opinion

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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