22+ hour, 29+ min ago  (19+ words) Customers Bank has agreed a multiyear strategic collaboration with Open AI aimed at automating parts of lending and customer onboarding....

18+ hour, 24+ min ago  (407+ words) The bank will be headquartered in Utah, with Jon Auxier set to serve as CEO and president. US fintech company Mercury has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Mercury Bank, N. A. The…...

1+ day, 19+ hour ago  (213+ words) The Reserve Bank of India has withdrawn the banking permit granted to Paytm Payments Bank, effective24 April 2026. As a result, Paytm Payments Bank mustimmediatelycease carrying on the business of "banking" as set out in Section 5(b), along with any other permitted business…...

4+ day, 19+ hour ago  (317+ words) The initiative brings together 16 financial institutions in Taiwan. The lenders have formed a task force under the Taiwan Fin Tech Alliance to advance the work." Taiwan has begun a project to create a large language model for the financial sectorto…...

5+ day, 13+ hour ago  (144+ words) While Europe doubles down on regulatory mandates, certification schemes and the promotion of national champions, it risks solving a geopolitical problem by inflicting an economic one on itself, explains Daniele Viappiani Governments across the world are weighing up their exposure…...

5+ day, 13+ hour ago  (161+ words) Historically, banks have added more verification steps to mitigate this risk and bolster security, but customers lose their patience with endless checks. Equally, holding more data due to these additional steps creates more risk exposure, so banks should move to…...

5+ day, 19+ hour ago  (218+ words) The company said the system creates what it calls a Unified Frontline, bringing together customers, staff and AI agents across digital channels, front-office'functions'and operational processes.' It said the system is intended to connect channels, employees,'customers'and AI agents within one…...

5+ day, 12+ hour ago  (816+ words) Pratiksha Pathak explains why many banks are still treating ISO 20022 as a messaging upgrade rather than the data transformation it is The next phase focuses on two major changes. Structured address data will become mandatory in cross-border payments, and banks…...

5+ day, 19+ hour ago  (141+ words) Under the'agreed'terms, Stellar shareholders are set to receive 0. 3803 Prosperity common shares and $11. 36 in cash for each share they hold.' The Federal Reserve Bank of Dallas granted a waiver of prior approval for the holding company merger." The Federal Deposit Insurance…...

6+ day, 18+ hour ago  (329+ words) The reductions will affect staff at 12345 West Colfax Avenue and are intended to'reduce its workforce. PNC Bank plans to eliminate about 777 jobs at the former First Bank headquarters in Lakewood following its takeover of the Colorado-based bank, reported KDVR. According…...