financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies.

Source: en.wikipedia.org

Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In
Financial Services Legislation Is in the Spotlight as the 119th Congress Settles In
January 07, 2025  |  Politics

The 119th Congress has now been seated, and is poised to consider, to take up — or to scuttle — financial services legislation that may...

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Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
Finastra Names Ex-Avantax CEO Chris Walters as New Chief Executive
January 06, 2025  |  Personnel

U.K.-based financial services software firm Finastra has a new chief executive. Chris Walters, a veteran of financial services firms like Avantax, has joined Finastra as...

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Will 2025 Open the Floodgates for Open Banking?
Will 2025 Open the Floodgates for Open Banking?
December 26, 2024  |  Banking

Among the key trends in financial services in 2024 — as will be the case for the next year (and beyond) — has been the...

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Beyond the Buzzword: Why Really Big Data Still Matters
Beyond the Buzzword: Why Really Big Data Still Matters
December 23, 2024  |  Big Data

Big data once topped every corporate wish list, right next to “digital transformation” and “innovation.” While the buzz has faded, the massive data processing revolution...

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CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. But the Consumer Financial Protection Bureau’s (CFPB)...

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Santander Appoints PayPal Veteran to Head Digital Consumer Bank
Santander Appoints PayPal Veteran to Head Digital Consumer Bank
December 11, 2024  |  Personnel

Banco Santander has appointed PayPal veteran Nitin Prabhu as its global head of Digital Consumer Bank (DCB). In this role as head of one of the bank’s five...

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Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

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CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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AI Startup iGenius Building Supercomputer for Financial Services
AI Startup iGenius Building Supercomputer for Financial Services
December 05, 2024  |  artificial intelligence

Artificial intelligence (AI) startup iGenius said it is building one of the world’s largest Nvidia DGX AI supercomputers with Nvidia Grace Blackwell superchips and will use it to...

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