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Generative AI will Boost Corporate Profits Predicts Bank of America Survey

Generative AI will Boost Corporate Profits Predicts Bank of America Survey

AI implementations could boost S&P operating margins by 200 basis points
American Middle-Income Families’ Purchasing Power Increasing

American Middle-Income Families’ Purchasing Power Increasing

The average purchasing power for middle-income families in August was 102.2%, up from 101.5%
Mobile Banking Set to Surpass Online Banking as Top Global Digital Banking Platform

Mobile Banking Set to Surpass Online Banking as Top Global Digital Banking Platform

Growth in mobile banking driven by demand for instant, personalized customer assistance
Finance Watch Calls for More Consistent Global Implementation of Basel III

Finance Watch Calls for More Consistent Global Implementation of Basel III

Firm says current complexity of Basel III framework could hinder its effectiveness
FDIC Approves Final Statement on Bank Merger Transactions

FDIC Approves Final Statement on Bank Merger Transactions

The Final SOP supersedes the existing Statement of Policy, which was last updated in 2008
CFPB Issues New Guidance to Stop Banks from Harvesting Overdraft Fees

CFPB Issues New Guidance to Stop Banks from Harvesting Overdraft Fees

Consumer protection law enforcers will now require banks to show evidence of opt-in agreements
Will You Be Conspicuous by Your Absence? Banking Exchange Fly-in November 7

Will You Be Conspicuous by Your Absence? Banking Exchange Fly-in November 7

Bringing together banking industry leaders
Lending Market Set to Open Up Even Before 0.5% Interest Rate Cut

Lending Market Set to Open Up Even Before 0.5% Interest Rate Cut

Fixed-rate mortgages moved even lower this week
Forty Banks Partner with Seven Central Banks to Improve Cross-Border Payments

Forty Banks Partner with Seven Central Banks to Improve Cross-Border Payments

Project Agora will explore how tokenization can enhance wholesale cross-border payments
Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

Nearly 90% of Global Banks Are Unprepared for Climate-Related Disruptions

European banks lead in climate adaptation, while US banks lag behind
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