U.S. Bank tops mobile banking ranks for third straight year
The bank was determined, by multiple industry rankings and experts, to be the best mobile banking provider in the U.S.. Bank of America took second place.
Why potential RIA successors walk away — and how to keep them
Succession planning experts say that the possible next generation of RIA owners need clear communication, tangible career paths and thoughtful compensation plans. But that is often easier said than done.
Canada’s biggest banks team up on tokenized deposits
The move came 12 days after Canada’s bank regulator said tokenized deposits are not legally distinct from ordinary deposits.
Are banks falling behind on agentic commerce standards?
Bank of America, Capital One and other large banks have teamed up to publish a set of principles for agentic commerce. But the call for a set of standards from banks comes as other fintechs and payment companies are already forging ahead with the technology.
Texas bank looks to grow in NM by buying Albuquerque lender
WestStar Bank of El Paso is acquiring Albuquerque’s Southwest Capital Bank, bringing it six new branches in New Mexico.
Bank economists see continued growth, persistent inflation
The U.S. economy is expected to keep growing despite nagging inflation, according to the latest consensus report from the American Bankers Association’s Economic Advisory Committee.
PayPal partners with Meta’s Muse AI assistant
As the payment company looks for new ways to drive volume, it’s using the social media company’s personal artificial intelligence to aid shopping and checkout.
Before giving AI agents power, bankers should ask questions
An AI agent’s capabilities are only part of the decision. Banks also need to establish limits of delegation, the consequence of errors and who can intervene.
Proposed bank capital rules could deepen private credit ties
Several proposed updates, including lower risk-weight floors for certain securitizations and corporate loans, could make it more attractive for banks to finance or hold certain private credit-related assets, experts say.
Fed’s Barr: ‘further policy adjustments are likely’
Federal Reserve Gov. Michael Barr appears to be among the majority of monetary policymakers who foresee at least one more rate hike before the end of the year.