How bank-based advisors can jump firms without getting sued
Industry lawyers and recruiters share the key steps bank-based advisors can take to avoid litigation or lower legal exposure when moving clients to a new firm.
Agentic commerce has a payment tech opening for banks
As consumers get more comfortable with the technology, they will want multiple checkout options beyond cards, creating a need for more digital wallets and account-to-account rails.
How Circle’s IBM patent deal shakes up stablecoins
The technology giant’s patents, which were built for banks and credit unions, will enhance the USDC issuer’s intellectual property as more banks enter the stablecoin market.
FIFA works with JPMorganChase on external investment vehicle
The proposed entity, which will include broadcasting and sponsorship assets, would initially be valued at about $20 billion.
AI makes it more important than ever to invest in your people
Rather than replacing bankers, artificial intelligence is likely to amplify their impact: strengths as well as weaknesses. This makes investing in employee development more important than ever.
Why one bank is determined to reincorporate in Texas
Dallas-based Texas Capital Bank will try for a second time to win shareholder support to switch its state of incorporation from Delaware to the Lone Star State, according to CEO Rob Holmes. If it succeeds, it will join a growing list of companies choosing the same path.
Should a bank ever be liable when a customer gets scammed?
A 76-year-old PNC customer lost almost $400,000 to a scam involving gold coins and a fake bill for Norton Antivirus protection. Can the bank be held accountable for failing to help him?
Visa says AI is helping to enable workforce cuts
The card network is cutting 7% of its staff, with management saying artificial intelligence-driven efficiency and faster technology development is part of the reason.
When clients hide money, advisors must walk fine lines
Advisors share the types of financial infidelity and secrecy they have seen in couples, and how they approached the money misbehavior.
Ex-CFPB official nominated to lead NJ consumer affairs
Christopher Peterson, a law professor at the University of Utah and former senior advisors at the Consumer Financial Protection Bureau, is the latest top hire for a Democratic state stepping up consumer protection.