Three myths about AI in banking
Common myths and misperceptions might confuse about what to expect and misdirect investment and efforts.
Technology
ABA survey: Most banks likely to stick with current core provider
While 69% of bankers are "extremely" or "somewhat likely" to remain with their current core provider at the next renewal,...
BIS: Stablecoins fail as ‘sound money’
Stablecoins as a form of sound money fall short, and without regulation pose a risk to financial stability and monetary...
ABA offers recommendations to boost community bank digitalization
The OCC should proactively support responsible community bank digitalization through transparency, information sharing and meaningful dialogue with stakeholders, ABA said.
Fannie, Freddie directed to consider allowing cryptocurrency for mortgages
Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to prepare proposals to allow cryptocurrency to...
FedNow adds risk mitigation feature, boosts transaction limit
The FedNow instant payments service this week announced it has launched a new account activity threshold feature and raised its...
Marketing automation drives value for bank marketers
Automation can assist bank marketers with lead analysis, scoring and pipeline reporting when built into a bank's CRM or automation...
Justice Department seizes millions of dollars linked to alleged crypto investment scams
The Department of Justice announced it has seized $225.3 million in funds linked to cryptocurrency investment scams. The action marks...
Stablecoin bill clears Senate
The Senate voted in favor of legislation to establish a regulatory framework for payment stablecoins, with proposed amendments to establish...
Will fraud prevention ever be autonomous?
Anti-fraud systems are learning to anticipate fraud rather than merely react to it. Better anticipatory abilities inch systems closer to...
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