Premium Archives

ATLANTA — Contactless transactions saw a boost amid the pandemic and contactless payments are here to stay as adoption continues ...

FedNow nears onboarding of 1,000 financial institutions

byWhitney McDonald

August 28, 2024

ATLANTA — Instant payments rail FedNow is nearing the addition of its 1,000th financial institution, and the Federal Reserve credits ...

Bank Automation News hosts webinar on future of open banking

byWhitney McDonald

August 28, 2024

Bank Automation News will present the webinar “The future of open banking: Payments meet data,” on Tuesday, Sept. 17, at ...

The Bank of Montreal (BMO) headquarters in Toronto, Ontario, Canada, on Wednesday, March 8, 2023. Rising rates are expanding Canadian banks' net interest margin, but a flatter and inverted yield curve limits upside, and a peak may come in 2023. Photographer: Della Rollins/Bloomberg

BMO bot enables 3M customer interactions

byVaidik Trivedi

August 27, 2024

Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its products to gain market ...

Movers and Shakers: Wells Fargo appoints two new tech leaders

byVaidik Trivedi

August 27, 2024

San Francisco-based Wells Fargo appointed Tracy Kerrins as head of consumer technology and leader of the bank’s new generative AI ...

Fintech Funding: North American firms take most of H1 investment

byVaidik Trivedi

August 26, 2024

Fintech funding hit a four-year low globally in the first half of 2024, but nearly three-quarters of the money raised ...

TD accepting applications for 2024 TD Ready Challenge

byWhitney McDonald

August 26, 2024

TD Bank has been investing in innovation through patent filings, AI and generative AI efforts in recent months. As the ...

Chase Customer Insights tool expanding for businesses

byWhitney McDonald

August 23, 2024

JPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of ...

CFPB funding under new scrutiny

byAmanda Harris

August 23, 2024

The Consumer Financial Protection Bureau is facing additional challenges that call into question the legality of the bureau’s funding. The Supreme Court upheld the CFPB’s ...

The Consumer Financial Protection Bureau headquarters in Washington, D.C., U.S., on Wednesday, Dec. 23, 2020. The Trump administration has done its best to cut the CFPB giving large banks a reprieve from aggressive enforcement and new rules. With Joe Biden ascending to the White House, Wall Street is worried it will be quickly resurrected. Photographer: Ting Shen/Bloomberg

CFPB probes emerging AI-based tech

byAmanda Harris

August 23, 2024

The Consumer Financial Protection Bureau has once again made it clear that new AI- and machine learning-based technologies are held to the ...

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50% of Bank of America transactions are contactless, leader says

FedNow nears onboarding of 1,000 financial institutions

Bank Automation News hosts webinar on future of open banking

BMO bot enables 3M customer interactions

Movers and Shakers: Wells Fargo appoints two new tech leaders

Fintech Funding: North American firms take most of H1 investment

TD accepting applications for 2024 TD Ready Challenge

Chase Customer Insights tool expanding for businesses

CFPB funding under new scrutiny

CFPB probes emerging AI-based tech

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