FIs invest in tech to combat cybercrime
Financial crime continues to tick up as more payment processes move online — and fraudsters take advantage of the digital ...
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Digital dollar speeds cross-border payments
The New York Federal Reserve along with financial institutions including Citibank, HSBC, Wells Fargo and Mastercard ran a 12-week pilot ...
Citi rolls out digital banking platform
Citigroup launched a digital platform for its commercial banking clients today as it continues to build out its digital offerings. ...
TD explores AI-driven predictive insights
TD Bank is enhancing its personal finance management tools and looking to AI-driven predictive analytics to help consumers control their ...
Lloyds Bank continues ISO 20022 migration
Lloyds Bank is continuing its migration to the ISO 20022 and identifying use cases for the network’s data as its ...
HSBC targets cyberthreats with quantum computing
HSBC is increasing its investment in quantum computing innovation after teaming up with Quantinuum in May. The $3 billion bank ...
UiPath tapping AI to process unstructured loan data
Financial institutions including JPMorgan Chase, Truist Bank and Wells Fargo are using AI models to expedite administrative processes and organize ...
PNC automates payments processes for corporate clients
PNC Treasury Management is automating its payments process for corporate clients through API integrations. Through an integration with bank API ...
Private equity firm GTCR buys majority stake valuing Worldpay at $18.5B
Private equity firm GTCR LLC agreed to buy a majority stake in Worldpay, the Fidelity National Information Services Inc. unit ...
Generative AI co-pilot to help banks automate compliance
What if a bank’s compliance software could relay messaging in natural language? That’s the question anti-money laundering fintech Lucinity is ...
