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JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

JP Morgan Chase Reclassifies AI Spending as “Core Infrastructure”

The move places investment in AI alongside payment systems and core risk controls
The Continuing Relevance of the Retail Bank Branch

The Continuing Relevance of the Retail Bank Branch

Since the late 1960s, banking industry pundits have predicted the demise of the retail branch
JPMorgan Chase Goes After Middle America Through Branch Openings

JPMorgan Chase Goes After Middle America Through Branch Openings

The bank is increasing branch locations in a bid to reach smaller towns and cities
How Real-Time Payments Data Gives Banks a Competitive Edge & a Bottom Line Boost

How Real-Time Payments Data Gives Banks a Competitive Edge & a Bottom Line Boost

One of the most fundamental and historic questions in commerce is, “When will the money arrive?”
‘Strength and Stability’: Banks and Regulators Seek to Reassure

‘Strength and Stability’: Banks and Regulators Seek to Reassure

State and federal regulators, industry groups and individual banks are urging consumers not to panic
Under the strain of increasing regulatory pressure? Here’s how compliance automation can help

Under the strain of increasing regulatory pressure? Here’s how compliance automation can help

Fair lending compliance is a critical risk area for banks today, with scrutiny from government regulators only intensifying
Analytics Firm SAS Acquires Risk Management Specialist

Analytics Firm SAS Acquires Risk Management Specialist

SAS has acquired Kamakura Corporation to enhance its technology innovation in attempt to curb financial sector volatility
Federal Reserve Adds Alacriti to FedNow Showcase

Federal Reserve Adds Alacriti to FedNow Showcase

Central bank instant payment service to be rolled out next year following strong demand from businesses
Shining a Light on Synthetic Identity Fraud

Shining a Light on Synthetic Identity Fraud

Cyber fraud is not only one of the fastest-growing crimes plaguing financial institutions, it’s also one of the most elusive
US Bank Branch Closures Increase by 38% in 2021

US Bank Branch Closures Increase by 38% in 2021

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings
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