Like several of its sector peers, Citi has long been working to accelerate technology modernization, running wide-scale overhauls of its underlying systems en route to AI deployments. “Our ...

The $12.3 billion acquisition, which also needs a green light from the Federal Reserve and European Central Bank, got the OCC ...

Oklahoma City-based MidFirst Bank will purchase Texas-based Dallas Capital Bank for an undisclosed sum, the banks announced Wednesday. The deal, expected to close in the second half of this year, ...

The Atlanta-based bank plans to appeal the verdict and said final resolution of the matter “could have a material adverse ...

Barclays has agreed to acquire GoHenry, the U.K.-based financial literacy app geared toward children, the bank announced last ...

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

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 ...

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