Model Behavior: Banks See AI As A Customer Experience Tool
Model Behavior: Banks See AI As A Customer Experience Tool
January 22, 2021  |  Artificial Intelligence

Given the roller coaster ride consumer finances have been on for the last 10 months, managing risk has become critical for financial institutions (FIs), both...

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Biden’s Treasury Pick Yellen Leary Of Crypto
Biden’s Treasury Pick Yellen Leary Of Crypto
January 21, 2021  |  Cryptocurrency

Janet Yellen, President Joe Biden’s nominee for Treasury Secretary, is expected to take a hard stance on cryptocurrencies, calling digital currency a “particular concern” that...

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P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online
P&G Reports 50 Pct Jump In eCommerce Sales, Sees Lasting Shift To Online
January 20, 2021  |  Earnings

Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues...

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Three Years On, Open Banking’s Progress And Roadmap Ahead
Three Years On, Open Banking’s Progress And Roadmap Ahead
January 20, 2021  |  Banking

Anniversaries offer a moment to pause and reflect, and look back on what’s past and what’s to come. Get the Full Story Complete the form...

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Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
Electric Truck Maker Rivian Gains $2.65 Billion In T. Rowe Price-Led Funding Round
January 19, 2021  |  Investments

Southern California-based electric truck maker Rivian closed a $2.65 billion investment round led by funds and accounts advised by T. Rowe Price, with participation from Fidelity...

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Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
Goldman Sachs: Marcus Deposits At $97 Billion As 2020 Ends
January 19, 2021  |  Earnings

Echoing trends seen up and down Wall Street, fourth-quarter results from Goldman Sachs show huge gains in revenues tied to asset trading. But the results...

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Bank Of America’s Mobile Banking Customers Top 30 Million
Bank Of America’s Mobile Banking Customers Top 30 Million
January 19, 2021  |  Earnings

Bank of America announced on Tuesday (Jan. 19) that its revenue net of interest expense for Q4 2020 fell 10 percent compared to the year-ago...

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Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
Microsoft Joins $2 Billion Funding Round For Self-Driving Carmaker Cruise
January 19, 2021  |  Investments

Microsoft is participating in a new $2 billion equity funding round for self-driving carmaker Cruise, bringing the startup’s post-money valuation to $30 billion. Get the...

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CFPB Changes Expected As Biden Administration Settles In  
CFPB Changes Expected As Biden Administration Settles In  
January 19, 2021  |  Regulation

As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing...

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