As real-time payments go global, how can banks manage #AI security?
Experts from the Federal Reserve, JPMorganChase and Flywire say new forms of AI are adding risk to cross-border payments.
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@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialU.S. Bank launches full-court press to attract manufacturers
U.S. Bank is relying on an in-house training program and enhanced marketing to win more business from manufacturers.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.social#ESG is out of fashion. The risks remain
The "ESG" label may have become a political flashpoint, but Climate Week panelists said investors should focus on underlying risks and what matters to clients.
@alexisrjimenez.bsky.socialFlorida credit union to buy 2nd bank in a month
Gulf Winds Credit Union agreed to buy Madison County Community Bank in August. Now it’s following up with a deal for Alabama’s Peoples Exchange Bank before a scheduled rebrand next year.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialHow BofA’s tech summit influences strategy
An annual event uniting bank leaders and tech upstarts helps the lender assess how potential partners are innovating, BofA’s chief technology and information officer said.
@alexisrjimenez.bsky.socialCFPB's removal of customer complaint data is a major mistake
The CFPB's recent decision to make it more difficult to see customer complaint narratives is depriving the #FinServ industry of a vital source of business intelligence.
@alexisrjimenez.bsky.socialGen Zers sweat the bill count, not the balance
61% of Gen Zers feel more financial pressure from the number of payments they manage than from the total amount they owe, compared with 32% of baby boomers
@alexisrjimenez.bsky.socialFor RIA custody, Betterment's platform fees will begin at 0.20%
Betterment will roll out a new custody fee schedule for RIAs and other advisory firms starting next year.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialPrivate-placement life #Insurance (PPLI) offers the unique ability to funnel excess premiums into alternative assets like private equity while shielding the gains inside an insurance wrapper.
@alexisrjimenez.bsky.socialFed proposes #Stablecoin rules
The regulations aim to make these digital assets “foster payments improvements that benefit households and businesses,” Federal Reserve Gov. Michael Barr said.
@alexisrjimenez.bsky.socialFirms push to make private markets more like publics
The bottleneck preventing #WealthManagement advisors from moving retail investors into private markets is not regulatory constraint but the absence of integrated #FinTech
@alexisrjimenez.bsky.socialSMBC Americas COO is out
Greg Keeley is no longer with the company he joined last year, according to an email sent to staff Monday.
@alexisrjimenez.bsky.socialWhy Tether's Iran problem is a bank partner problem
Tether freezes sanctioned wallets when law enforcement asks it to, and the subcommittee's complaint is that asking is the only thing that works.
@alexisrjimenez.bsky.socialHow credit cards are playing into the Kansas Senate race
The re-election race for Sen. Roger Marshall, R-Kansas, is the latest example of how the Trump era has scrambled the traditional alliance between Republicans and the #Banking industry
@alexisrjimenez.bsky.social#Sibos2026: Where #AI will really transform financial services
The most useful question for financial services isn't whether AI becomes "as intelligent as humans". It's where machines can already do a better job than people.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialPurple Group launches embedded finance division Hello Purple
The group is packaging its own technology as an offering to fintech developers through its new Hello Purple business.