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Fed Official Promises Overhaul of Bank Regulation

Fed Official Promises Overhaul of Bank Regulation

The new financial supervision chief seeks to ease the burden of post-financial crisis regulation
More than Half of Consumers Don’t Understand Where to Keep Their Savings

More than Half of Consumers Don’t Understand Where to Keep Their Savings

Lack of knowledge about high-yield savings may cause consumers to keep money in lower-yield accounts they wrongly see as safer
Understanding Gen-Z Banking Client Needs

Understanding Gen-Z Banking Client Needs

The Gen Z mindset of not planning might lead to even more debt that they cannot pay
Advance Risk Management by Simplifying Banking’s Cluttered Tech Stack

Advance Risk Management by Simplifying Banking’s Cluttered Tech Stack

Most banks and credit unions rely heavily on legacy systems for their core functionality
HSBC to Close US Business Banking Unit

HSBC to Close US Business Banking Unit

The bank will close a division that serves over 4,000 clients
More Than One in Five Americans Fell Victim to Financial Fraud

More Than One in Five Americans Fell Victim to Financial Fraud

The Fed’s report found credit card fraud to be the most common, affecting 17% of fraud victims
Fintech Funding Falls to Seven-Year Low

Fintech Funding Falls to Seven-Year Low

Global fintech funding has fallen to its lowest level since 2017, though deals in payments continued to thrive
Banking Bodies Lobby Against Cyberattack Disclosure Rule

Banking Bodies Lobby Against Cyberattack Disclosure Rule

Leading banking associations have called on the SEC to axe its controversial rule around the disclosure of cyberattacks
Most Financial Institutions Using Generative AI

Most Financial Institutions Using Generative AI

The majority of banks are deploying generative AI technologies, according to a new survey
The Rise of Narrow Banking: How Private Credit Is Redefining the Financial System

The Rise of Narrow Banking: How Private Credit Is Redefining the Financial System

Private credit is challenging traditional banking institutions by offering alternative lending solutions
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