Remitly launches IPO at $43 a share
Remitly, which provides cross-border remittances and financial services for immigrants, today began trading on the NASDAQ Global Select Market. The ...
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U.S. Treasury’s ransomware crackdown: What it means for banks and FIs
The Biden administration this week announced new security guidance to target those who facilitate ransomware payments, laying out an action ...
Delta variant, reduced spending on services, inflation throw wrench into global economic recovery
Low economic growth will likely be a defining feature of the U.S. economy and in much of the developed world ...
BNPL supplements credit card debt instead of replacing it, TransUnion study finds
Consumers seeking buy now pay later (BNPL) credit also actively utilize credit card debt instead of replacing one with the ...
AI-powered chatbots: Evolution and expansion
When Bank of America virtual assistant Erica was first introduced in 2018, it was lauded by industry analysts as the ...
Crypto trading: Opportunity and risk for banks
Visit the website of $785 million Vast Bank and you can't miss it: The primarily commercial bank with a retail ...
Citi sharing post-trade data with Snowflake to ease settlement
Citigroup Inc. will begin sharing some data with cloud-storage software maker Snowflake Inc., a move that will help the bank ...
Listen: Despite fintech rush, most payment options are still manual
Payments remain an essentially manual process despite the move toward automation, Steve Kramer, vice president of product at billing and ...
Security pros on how to thwart ransomware attacks
This year has seen the most significant number of ransomware attacks on record — from the May shutdown of the ...
Credit unions eye automation, AI for digital auto refi
Credit unions are exploring the use of automation and artificial intelligence (AI) to streamline the refinancing process as more consumers ...
