New CFPB proposal cracks down on payments providers
The Consumer Financial Protection Bureau proposed a new rule today that would subject large nonbank companies, including digital wallet providers ...
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FIS adds 74 banks to FedNow in Q3
Payments giant FIS saw dozens of bank customers looking to join FedNow as the adoption of real-time payments grew in ...
PayPal rival fintech Adyen faces investor confidence test
For years, Dutch payments fintech Adyen NV’s founders and management ran things their own way, thanks to some blowout growth. ...
Deutsche Bank shifts branch strategy amid digital adoption
Deutsche Bank completed the IT migration of financial institution Postbank to its network during the third quarter and has decided ...
Inside look: The hunt for AI talent
Financial institutions are on the hunt for AI talent as AI, machine learning, natural language processing and generative AI continue ...
CFPB lags on information security updates
While the Consumer Financial Protection Bureau plans to step up enforcement action in the lending sector, the federal watchdog has yet to ...
Digitalization allows U.S. Bank to expand reach
U.S. Bank’s investment in digitalization has enabled it to reach beyond its branch network as it plans to expand to ...
92% of Bank of America’s private bank clients use digital options
Bank of America’s private bank leads in digital adoption, with 92% of its clients using digital capabilities. The private bank ...
Q3 earnings roundup: Tech spend jumps, headcount falls
Major U.S. banks invested in AI and automation while pulling back on headcount as cost reductions remained a priority during ...
Transactions: Citizens Bank adds AWS plug-in
Citizens Bank added a new Amazon Web Services plug-in to its tech stack in October, according to BuiltWith, which offers ...
