Digital Federal Credit Union teams with Greenlight to boost financial literacy
Digital Federal Credit Union is teaming up with debit card and money app Greenlight Financial Technology to boost the financial ...
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CFPB requests public comment on consumer privacy protections
The Consumer Financial Protection Bureau published a “request for information” today asking the public to comment on data privacy protections ...
CFPB’s appointment of FDX is ‘good for banks, bad for fintechs’
Banks are better positioned to adopt the Financial Data Exchange’s data sharing protocols than are fintechs, giving banks an edge ...
By the numbers: AI lands 37% of 2024 venture funding
AI captured 37% of venture funding and 17% of equity deals in 2024. A record $100 billion was raised globally ...
Fraudsters target RTP, FedNow newcomers
The Clearing House and Federal Reserve publicize the adoption of their payments rails, Real Time Payments and FedNow, by posting ...
RTP payment volume up 94% in 2024
The Clearing House’ Real Time Payments network grew 94% year over year on a dollar basis in 2024 as it ...
JPMorgan Chase’s in-house wealth solution takes off
More than 10 million JPMorgan Chase customers are tapping the bank’s digital financial planning tool the platform every 90 days, ...
Wall Street job losses may top 200,000 as AI replaces roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches ...
FDX to set data-sharing standards for open banking
The Consumer Financial Protection Bureau has approved the Financial Data Exchange’s (FDX) application to issue standards for data sharing for ...
48% of SMBs to add AI applications in 2025
Forty-eight percent of small business owners plan to incorporate AI applications into their businesses this year, a 50% increase from ...
