UPDATE: This story includes comments from analysts and more information about Thomas Shafer's track record. If the First ...

In its latest financial stability report, the Federal Reserve warned high equity valuations and low levels of liquidity could ...

The Columbus, Ohio-based regional launched Lift Local Business in October 2020 with a $25 million ceiling. Four years and ...

Automation has huge potential to transform financial services, boosting speed, accuracy, and customer satisfaction. Yet, many ...

The bank and payment company are using the technology that underpins digital assets to improve interoperability for ...

In this week's banking news roundup: The Federal Reserve released additional information about its periodic review of its ...

A punitive tax on payments sent overseas to the families of immigrants would have a cascading set of consequences — all of ...

The niche buy now/pay later firm is looking for differentiation in a crowded market with recognizable brands like Klarna, ...

Nearly a year after BNY rolled out its generative AI tool Eliza, the bank is preparing to upgrade its capabilities. The 2.0 version, expected to launch next year, will provide more detailed responses ...

This week, Finastra, a financial software company that says it serves "45 of the world's top 50 banks" and has more than 8,100 customers, publicly acknowledged a data breach that affected the files it ...

Truist CEO Bill Rogers handed out supplies last month in Asheville, North Carolina, following Hurricane Helene. Truist Financial is making a substantial, multiyear commitment to help Western North ...