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

Beyond the Buzzword: Why Really Big Data Still Matters

Beyond the Buzzword: Why Really Big Data Still Matters
Beyond the Buzzword: Why Really Big Data Still Matters
December 23, 2024  |  Big Data

Big data once topped every corporate wish list, right next to “digital transformation” and “innovation.” While the buzz has faded, the massive data processing revolution...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. Get the Full Story Complete the form...

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Santander Appoints PayPal Veteran to Head Digital Consumer Bank
Santander Appoints PayPal Veteran to Head Digital Consumer Bank
December 11, 2024  |  Personnel

Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). Get the Full Story Complete the form to unlock this article...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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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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