The OCC has released enforcement actions against national banks accused of “unsafe or unsound” practices. The Office of the Comptroller of the Currency (OCC) said it “uses enforcement...
Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), will be woven into Nasdaq’s Calypso platform, used by...
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in...
After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. That was the story shared by...
How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes? It’s happening in the wake...
Pay by bank is a new payment method that is carving out a niche in the consumer payments space. Incentives may be the hook...
This week in artificial intelligence regulation finds China, India and the global banking sector grappling with the need for comprehensive AI regulation as the influence...
US Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that...
With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. The global messaging service announced Wednesday (Oct. 15) that it will begin offering this...