Fifth Third, CFPB settlement a positive for bank, analyst says
Fifth Third Bank was fined $15 million by the Consumer Financial Protection Bureau today for allegedly opening fake accounts in ...
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Ally launches AI innovation challenge
Ally Financial will launch a generative AI innovation challenge for startups on July 9, focusing on developing tech solutions for ...
FIs seek tech growth through M&A
Financial institutions are looking to mergers and acquisitions to expand their footprints in growing markets and leaning on their growth ...
Transactions: Avidia Bank selects Q2, Personetics for digital banking services
Hudson, Mass.-based bank Avidia Bank has selected digital banking service provider Q2 to improve its digital banking capabilities. The ...
Inside look: U.S. Bank’s SMB fintech strategy
U.S. Bank is looking to fintechs to provide back-office management for its small-business clients. The $669 billion bank listens to ...
S&P deploys gen AI tool for efficiency gains
Data insights company S&P Global is developing internal- and external-facing generative AI tools to boost efficiencies — and it hopes ...
Fintech Funding: BankTech Ventures invests in three fintechs
Fintech funding has hit a four-year low, but venture capitalists believe that it will slowly return to a pre-pandemic normal, ...
FIs can tap ISO 20022 data for AI-driven insights
Financial institutions can look to ISO 20022 standard for payments data to identify patterns in payments and transactions to more ...
Movers and shakers: XYB names Joyce as CEO
London-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30. Joyce previously worked at ...
Evolve Bank & Trust confirms data was stolen in cyber attack
Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted ...
