FIs weigh in on US open banking regulation
The Consumer Financial Protection Bureau is expected to finalize its Section 1033 regulation on open banking this fall, and financial...
Chase check fraud not ‘a glitch,’ expert says
Chase customers claimed to have identified a glitch in Chase ATMs during Labor Day weekend, allowing them to deposit false...
How Mastercard taps AI, open banking to predict ACH payment success
Mastercard is looking to AI and open banking for transaction monitoring, data standardization, and even to predict payments success. “We...
50% of Bank of America transactions are contactless, leader says
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
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
Bank Automation News will present the webinar “The future of open banking: Payments meet data,” on Tuesday, Sept. 17, at...
UK digital bank OakNorth approved to market products, services in the US
United Kingdom-based digital bank OakNorth was granted regulatory approval by the Federal Reserve and the New York State Department of...
TD accepting applications for 2024 TD Ready Challenge
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
JPMorgan Chase will expand the accessibility of its data-driven business intelligence platform, Chase Customer Insights, to meet the demands of...
TD Bank expects to pay $2.6B for US compliance lapse
TD Bank took a provision of $2.6 billion in the third quarter as it estimates the cost of fines from...
