Larger FIs may need more time to implement open banking
Open banking regulation is quickly approaching but financial institutions are asking the Consumer Financial Protection Bureau to extend the timeline...
How Valley Bank taps AI to do more with less
Valley Bank is using AI and automation to boost its efficiency without adding as much personnel. The $62 billion bank...
Transactions: Vantage Bank picks Unit for embedded finance
Vantage Bank has selected digital banking service provider Unit to improve its core digital banking offerings and provide embedded finance...
Transactions Dashboard: Digital banking leads way in 2024
Banks are modernizing and digitalizing their platforms and offerings as users demand more online and mobile banking experiences. According to...
Treasury to replace checks with FedNow payments
The U.S. Federal Reserve’s FedNow platform has exceeded expectations in its first year, expanding its reach to 10% of financial...
TD cautious about consumer-facing AI
TD Bank is taking a conservative approach to AI for consumer-facing operations as it taps the tech for back-end efficiencies. ...
Transactions: U.S. Bank joins forces with Billtrust for B2B payments
U.S. Bank is working with payments service provider Billtrust to provide business customers with an accounts receivable solution. The platform,...
Global markets show recovery after Monday rout
Global markets are calming today after suffering a rout on Monday on the heels of a weaker-than-expected jobs report in...
Tech roundup: AI adoption is up, but AI revenue is up in the air
Big tech companies reported higher adoption of AI services in the second quarter, but investors want to see returns on...
U.S. Bank readies AI-driven cash forecasting tool
U.S. Bank is developing AI-driven solutions for its business clients, with its latest efforts targeting the launch of an AI-driven...
