Poll: Americans largely positive about digital banking options
Americans are slightly more likely to trust physical banks over digital banks, although they have largely embraced virtual banking options,...
Technology
Report outlines policy strategies to support digitalization for mission-based banks
To help support minority depository institutions and community development financial institutions advance in digital transformation, policymakers and regulators must address...
Understanding (and using) ChatGPT in banking
Even with all the promise of ChatGPT, and similar conversational AI technologies, humans should be part of the loop and...
Podcast: Counting down to the FedNow launch
After years of being "FedSoon," the Federal Reserve's instant payment network FedNow is preparing to go live this summer. What...
Federal agencies issue joint statement on AI-based discrimination
While AI and automated systems can be useful, they have the potential to produce outcomes that result in illegal discrimination,...
Fed’s Waller: AI and tokenization offer both risks and rewards
Both tokenization and artificial intelligence technology hold considerable promise for the banking industry, but they also come with risks, Federal...
OCC’s Hsu sees potential benefits, drawbacks in open banking
Open banking promises to give consumers more control over their financial data than ever before, but with that control comes...
Cybersecurity: What threat-ready really means for banks
The necessity for continuous risk assessment triggers the need for appropriate resources to meet the demands of new and emerging...
Podcast: The just-do-it mindset in community bank innovation
How can community bank emerging leaders take initiative in innovation? Tim Shangle advises bankers to take small steps and explore...
Data’s crucial role in advancing risk functions for financial services
Modern data management is essential to risk initiatives of 2023 and beyond.
