AI agents could spark a new kind of bank run by automatically yanking consumers’ cash out of low-paying checking accounts and chasing higher yields, Apollo chief economist Torsten Sløk warned — the ...

Oklahoma-based Gateway First Bank has agreed to acquire Colonial Savings F.A., expanding its mortgage-focused banking model in Texas. Financial terms were not disclosed. The deal is designed to pair ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In a letter to G20 finance ministers and central bank ...

Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system. Financial firms may need stronger defenses against faster, ...

My love for gadgets started way back in high school when I successfully updated my Samsung Galaxy S III mini from Android 4.1.1 to Android 5.0 using a custom ROM I found online. I now hold a BS in ...

Revolut's new in-house AI research division has produced a banking foundation model that outperforms task-specific systems across fraud detection, credit scoring, and personalization — but the ...

President Javier Milei announced on Thursday the details of his plan to reform the Charter of the Argentine Central Bank (in Spanish, BCRA), one of the cornerstones of his economic agenda for the ...

Darragh Buckley, founder and CEO of payment fintech Increase and one of Stripe's first employees, has officially launched his own bank. Processing Content Buckley announced this week that Increase now ...

The U.K.-focused financial services provider aims to achieve a return on tangible equity of greater than 18% in 2028 and about 20% in 2030, according to a frequently asked investor questions file ...

Every account opening, loan approval, payment, and service request depends on hundreds of operational decisions customers never see. When those processes work well, experiences feel effortless. When ...

Bank of Nova Scotia gets its buy rating from 2023 reaffirmed, as my high confidence in the bullish case continues despite share price growth lately. Positive strengths are the A-level investment-grade ...

CGD’s Pete Baker tells Devex there are so many meetings and processes right now aiming to reform global health governance and institutions. But no one’s coming up with concrete solutions to address ...