Gaffes Color Biden’s High-Stakes Performance, and U.S. Inflation Cools

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Gaffes Color Biden’s High-Stakes Performance, and U.S. Inflation Cools

Plus, nursing homes are still failing residents.

TD invests in leadership, data to improve AML compliance

TD Bank is bolstering its anti-money-laundering practices with leadership changes and investment in ..

Is the Trump Trade Back?

Market observers see signs that investors increasingly believe Donald Trump will win the election,..

Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda

In a combative interview, the former president hinted at even higher tariffs as an economic magic..

Big Banks Open Their Books for First Test After Rate Cuts

Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better ..

AI accounts for 31% of VC funding in Q3

Global venture capital funding took a hit in the third quarter, but AI startups accounted for 31%..

Bank Automation Summit U.S. 2025 agenda is live

Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2025 will be held..

Victims of Stanford Financial’s Fraud Scheme May Soon Be Paid. Some Already Sold Their Claim.

Not having much insight into what may happen next in the case of a fraud orchestrated by Robert..

Trump Falsely Promotes Endorsement from JPMorgan Chase CEO Jamie Dimon

As the campaign reaches its final month, the Republican nominee is intensifying his pattern of..

Small FIs onboard FedNow for growth, efficiency

As real-time payments become integral to growth strategies, small financial institutions are..

The Economy Is at a Hinge Moment

The economist Jason Furman discusses the economic fights that the next presidential administration..

FedNow can expedite FEMA payments for Helene survivors

Survivors of last week’s devastating Hurricane Helene, could receive Federal Emergency Management..

OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round

The San Francisco company is gathering the billions its executives believe they will need to..

Una idea ‘elegante’ para financiar la protección de árboles

El objetivo del Tropical Forests Forever Facility es pagar a los países con bajos índices de..

Transactions: Amex, Boost team up on virtual card

American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based..

Deal to Reopen Libya’s Central Bank Eases Fears of Fighting

A standoff over control of the bank had destabilized the country’s economy and raised the prospect..

Movers and Shakers: Exec changes at TD

TD Bank announced a flurry of executive changes, including the retirement of its chief executive..

Transactions: EverBank to acquire Sterling Bank for $261M

EverBank has announced plans to acquire Sterling Bank for $261 million, through a stock purchase..

China Cuts Interest Rates and Mortgage Down Payments

The country’s central bank also freed commercial banks to lend more money in a package of moves..

Visa Faces an Antitrust Lawsuit by the Justice Dept.

The agency plans to argue that the company illegally penalizes customers that try to use rival..

Auto lenders lean into AI for customer service

Auto lenders are incorporating artificial intelligence into their processes to improve customer..

‘Declaration of Progress’: Biden Hails Fed Rate Cuts

President Biden hailed the Federal Reserve’s move to begin cutting interest rates during a speech..

TD Bank names Chun as CEO

TD Bank named Raymond Chun its incoming chief executive today after current CEO Bharat Masrani..

F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers

Banks holding customer funds for money management apps should keep track of customers’ identities..

Ally faces legal battle after data breach

Ally Financial faces two class action lawsuits in the wake of a data breach earlier this year.  ..

Book Review: ‘She-Wolves,’ by Paulina Bren

In “She-Wolves,” the historian Paulina Bren recounts the uphill — and ongoing — battle of women to..

Donald Trump Prepares to Unveil World Liberty Financial, a Cryptocurrency Business

Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto..

Exploring the World of Online Scams and Cybercrime

In a series for the Business desk, a reporter is chasing down sophisticated online scams that..

CFPB fines TD Bank $28M

TD Bank was ordered to pay $28 million in fines by the Consumer Financial Protection Bureau, which..

Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales

James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise ..

Lebanon Detains Riad Salameh, Former Head of Central Bank

Riad Salameh, once seen as an international financial wizard, is the subject of multiple inquiries..

U.S. Bank developing AI tools to meet SMB demands

U.S. Bank is developing AI and automation-driven solutions to improve productivity for its small..

Nvidia data center revenue up 154% YoY

Chip manufacturing behemoth Nvidia reported record second-quarter revenue on growing demand for its ..

Bank Automation News hosts webinar on future of open banking

Bank Automation News will present the webinar “The future of open banking: Payments meet data,” on..

Federal Cases Against Trump Revived, and Israeli Forces Raid West Bank

Plus, a new theory about orca boat attacks.

BMO bot enables 3M customer interactions

Bank of Montreal is deploying AI to improve customer experience and grow digital sales of its..

Fed’s Powell Signals an Upcoming Rate Cut in Jackson Hole Remarks

Jerome H. Powell indicated the Federal Reserve will begin to cut interest rates in September, but..

Regional FIs deploy tech to remain competitive

Regional banks are deploying technology to keep up with client demand and compete with major..

A Standoff at Libya’s Central Bank Shows Cracks in Country’s Political Stability

The country has settled into a tense east-west divide, but turmoil around the central bank, which..

Revolut says secondary share sale valued firm at $45B

Revolut Ltd. said a secondary share sale that allowed the company to give employees liquidity for..

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