Quantum computing and the future of bank tech
While most may not understand exactly how quantum computing works, it is a concept of growing importance for industries that use encryption and algorithms, including banking.
While most may not understand exactly how quantum computing works, it is a concept of growing importance for industries that use encryption and algorithms, including banking.
Even with all the promise of ChatGPT, and similar conversational AI technologies, humans should be part of the loop and review the outputs that are produced.
The banking industry is not meeting demand for new bank formation, Federal Reserve Governor Michelle Bowman said.
How can community bank emerging leaders take initiative in innovation? Tim Shangle advises bankers to take small steps and explore what new technologies can do.
The Office of the Comptroller of the Currency this week announced the creation of the Office of Financial Technology and the selection of Prashant Bhardwaj to lead the office as deputy comptroller and chief financial technology officer, effective April 10.
The Federal Trade Commission this week filed a lawsuit to block a proposed merger between the nation’s two largest providers of home mortgage loan origination systems and other lender software tools.
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when mortgages have increasingly moved to the nonbank sector?
The Treasury Department will form an interagency working group to explore the benefits, risks and potential use cases for a central bank digital currency, Undersecretary of Domestic Finance Nellie Liang announced this week.
As banks become increasingly reliant on third-party service providers, Federal Reserve Governor Michelle Bowman said bank regulators should “consider the appropriateness of shifting the regulatory burden from community banks to more efficiently focus directly on service providers.”
What’s on the horizon for bank innovation and fintech in 2023? ABA’s Office of Innovation team explores top tech trends for the year ahead.