While other fintechs credited AI in staff reductions, Robinhood cited a need to remain a “lean, hyper-focused team where ...

The Government Accountability Office wants the Federal Deposit Insurance Corp. to make faster progress on strengthening bank supervision and addressing blockchain technology risks, two recommendations ...

The combination of ODNB, which has about $1.6 billion in assets, and National Capital Bancorp, with about $735.3 million in assets, is set to result in the seventh-largest bank headquartered in the ...

The Canadian payments processor will acquire the New York company to create a bigger cross-border payments player.

The agency’s chair, Travis Hill, outlined potential changes to deposit insurance assessments, private capital’s role in bids ...

Investment firm Sixth Street will also join a venture that’s set to buy loans off Kiavi’s balance sheet as part of the $717 ...

Revenue in the sector is growing four times as fast as in banks, according to a recent report by Boston Consulting Group and ...

The Greater Boston Interfaith Organization is withdrawing an additional $2 million from its Citizens accounts. Two ...

Twenty years ago, fewer than 20% were over 65, Truist Securities researchers wrote, detailing the effect of CEO age on bank ...

The 40-year Bank of America veteran retired from that bank in 2023 as vice chair of global strategy. She unquestionably ...

Meanwhile, the lender aims to have a consumer-facing AI travel agent in pilot before the end of the year, said JPMorgan’s CEO ...

Rep. Bill Foster issued an artificial intelligence-related warning to federal banking regulators at a recent House Financial Services Committee hearing. “I don’t think that we are prepared for an ...