Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...

As GenAI usage increases in the corporate world, many executives will likely have to answer this question from their boards: ...

Old Model vs AI‑Ready Mainframe. By Neeraj Aggarwal. Introduction: AI Is Moving Faster Than Banks Can Modernize. The global banking sector is experiencing the most significant t ...

The U.S. is showing signs of a "K-shaped" economy with spending among lower-income consumers showing little growth in comparison to their higher-income counterparts, a new analysis from the Bank of ...

AI is behind the next big evolution in the banking industry after the World Wide Web. From underwriting to fraud detection, ...

Many small businesses start off strong with a solid business plan, an impressive product, sufficient funding and a growing customer base. Then, somewhere along with the way, the business stalls, ...

Financial Management Information Systems (FMIS) support the automation and integration of public financial management processes including budget formulation, execution (e.g. commitment control, ...

Trust has always been the foundation of banking. But as artificial intelligence becomes increasingly integrated into banking operations and experiences, the way trust is created, and the way it breaks ...

By Marc Jones LONDON, Jan 14 (Reuters) - A group of the world's leading central banks and over 40 major commercial banks are to step up testing of one of world's most closely watched digital payments ...

AI is now part of how modern banks operate, influencing service delivery, lending decisions, risk oversight, operations, and ...

Banks add interest to loans but they also make money by charging customers fees, sometimes just for having an account. A few dollars here and there doesn't seem like much, but it can add up. A 2024 ...

Carla Tardi is a technical editor and digital content producer with 25+ years of experience at top-tier investment banks and money-management firms. David Kindness is a Certified Public Accountant ...