Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Thursday, September 17, 2026 | 10:00 a.m. ET Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Wednesday, September 16, at MediaRequests@FDIC.gov to attend […]
When finance-app analytics cross the line between helpful and creepy
Just because apps can categorize your spending and provide feedback doesn’t mean that those insights are always helpful, or even welcome. Some empathy needs to be built into their design.
Phoenix bank core relaunches as PhoenixWorx
Constellation Software subsidiary CORA Group rebranded its U.S. core banking service as regulators are looking to inspect core vendor relationships.
BofA and PNC respond to rising AI fears
Banks have embraced artificial intelligence for years. Now, after a week of dire warnings about the technology’s risks, executives at two big banks are calling for caution and calm.
IMBs need to watch HELOC securitization costs as banks enter
More depositories are getting involved in the securitized market and the competition is likely to add to expense management challenges of smaller balance loans.
Synchrony CFO: Consumers ‘incredibly responsible’
Consumers’ spending and payment behaviors were “holding very firm” despite inflationary pressures, Synchrony Chief Financial Officer Brian Wenzel said at the Barclays Global Financial Services Conference.
Sen. Warren probes private equity’s bet on life insurers
Sen. Elizabeth Warren sent a request for information to the National Association of Insurance Commissioners about state regulators’ efforts to address private equity ownership of life insurance companies.
How emotional hangups hinder advisor succession planning: Edward Jones
Advisors are still slow to plan for handing down their businesses, in part because of difficulties finding new owners they can trust.
11 ways banks can counter the threat of AI agent swarms
Recent analyses found non-malicious AI agents can “think,” emote and launch attacks unprompted. There are several things banks should do to protect themselves.
The high-end card changes that are challenging banks
Increased costs, a limited consumer pool and churn are pressuring the financial institutions that are competing in the luxury card market.