Browsing: Banking
Key insights: Payment fintechs are acquiring and keeping merchants’ business as banks lose market share. What’s at stake: Value-added services and…
An AI-generated image of a cat wearing sunglasses.Adobe Stock: innluga Key insight: Generative AI shifts effort downstream, creating hidden productivity…
Goldman Sachs President John WaldronSamuel Corum/Photographer: Samuel Corum/Bloom Goldman Sachs Group Inc. President John Waldron criticized the growth of barriers…
What’s at stake: First Merchants in Muncie, Indiana, has agreed to pay $241 million in stock for First Savings Financial…
Allison Robbert/Bloomberg Key Insight: Fed Gov. Michael Barr thinks that there are better alternatives to making changes to stress testing,…
Key Insight: Federal Reserve Bank of Kansas City President Jeff Schmid said he supported a 25 basis point cut to…
Key insight: A new industry-wide framework now exists to evaluate the security of individual SaaS applications, rather than relying on…
Morgan Stanley will be bringing crypto trading to its digital investing platform next year, the latest in a series of…
Key insight: Flatirons Bank claims a rival trust company has waged a two-year campaign aimed at hamstringing its entry into…
Jeoffrey Guillemard/Bloomberg Citigroup Inc. agreed to sell a 25% stake in its Mexican retail banking unit Banamex to local businessman…