Taylor Swift’s Singapore gig propels UOB card signups
Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank’s cards as the frenzy to get hold of the pop star’s Singapore concert tickets heats up.
AI is about to make synthetic fraud a much bigger problem
Synthetic fraud — which combines real and false identifying information — has been a niche variety of identity theft for some time. But recent advancements in artificial intelligence and people’s access to it might bring it into the mainstream in a big way.
How to nail your interview at a financial services firm.
Banks know what they’re looking for. Here are key ways to show them that you can bring it to the table.
Revolut to stop offering Solana, Cardano, Polygon tokens for U.S. users
The change comes as the Securities and Exchange Commission labeled the tokens as unregistered securities in its lawsuits against the crypto exchanges Coinbase Global and Binance Holdings in June.
How the big student-debt ruling will impact U.S. consumer lenders
The Supreme Court’s decision to strike down billions in debt forgiveness could make it harder for millions of Americans to pay back other kinds of debt. It also threatens to further curtail lending in an already sluggish credit market.
Bank of America says it started talks with Fed after stress-test results
Discussions began with the Federal Reserve after the central bank’s annual stress tests projected more favorable results than the lender is forecasting. BofA is seeking clarity so it can proceed with its dividend plans.
With the chip shortage fading, in-car payments gain speed
JPMorgan Chase and Discover are among the firms developing new technology to allow more people to shop from behind the wheel.
JPMorgan Chase using ChatGPT-like large language models to detect fraud
One area of focus for the bank is using advanced artificial intelligence to detect business-email compromise. The payment messaging network Swift and online gambling host Caesars are also using AI to stop people from gaming their systems.
VyStar Credit Union aims mortgage app at new homebuyers
It’s been a tough housing market for first-time homebuyers. To ease their pain, VyStar has launched Dream2Own, which provides a credit simulator that doesn’t hurt these prospective borrowers’ credit scores.
Yellen heads to China this week advancing U.S. bid to fix ties
In Beijing, Yellen will meet with senior Chinese government officials to discuss the importance of responsibly managing the U.S.-China relationship, communicating directly about areas of concern, and working together to address global challenges.