Judge likely to reject $30B Visa, Mastercard fee deal
A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by...
Starling Bank earnings lifted by higher interest rates
Starling Bank reported its third annual profit after higher interest rates helped boost revenue, as the British mobile lender seeks...
JPMorgan says every new hire will get training for AI
JPMorgan Chase & Co. is immersing every new banking employee in artificial-intelligence training, preparing them for a technology Chief Executive...
Goldman ditches robo-investing for masses in sale to Betterment
Goldman Sachs Group Inc. is closing down its automated-investing business for the masses after clinching a deal with Betterment. The...
Jamie Dimon has a new vision for money in an AI world
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon makes no secret that his firm is all-in on artificial intelligence. Now,...
Bankman-Fried is sentenced to 25 years in prison over FTX collapse
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the...
Visa adds new AI tools to help fight digital fraud on payments
Visa Inc. is adding three new AI-powered fraud-prevention tools to its suite of products for business clients as the credit-card...
Bankers will see AI transform three-quarters of day, study says
Artificial intelligence is likely to replace or at least lend a hand in tasks that take up almost three-quarters of...
Truist nears sale of insurance arm to Stone Point, CD&R
Truist Financial Corp. is nearing a deal to sell a majority stake in its insurance brokerage business to Stone Point...
Capital One to buy Discover Financial in $35B stock deal
Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create...
