Many of us can remember a panicky moment when we wondered if our bank deposits were safe. For lots of people, that day came last spring when Silicon Valley Bank collapsed, leaving $150 billion of ...

The European Central Bank (ECB) has contributed to the EU's ongoing simplification agenda by endorsing a series of recommendations for simplification of the EU prudential framework. A total of 17 ...

ProcessOut and Trustly unite to simplify bank payments for merchants ProcessOut, a leading payment orchestration platform, and Trustly, the global leader in Pay by Bank solutions, today announced a ...

FRANKFURT, Dec 11 (Reuters) - The European Central Bank proposed to simplify bank regulation on Thursday, ‌looking to prune a complex rulebook without easing the overall financial ‌burdens, prompting ...

Investment banking is one profession within the financial services industry that is salivating at the chance to use generative artificial intelligence to lighten the workload. The field has been using ...

NEW YORK, Sept 13 (Reuters) - Citigroup C.N CEO Jane Fraser announced a major management reorganization that will give her more direct oversight over its businesses as she seeks to simplify the bank.

As banks enter 2025, the industry finds itself in a paradox. Digital has made banking more efficient, but it's also made it more impersonal. AI holds the key to solving this paradox As banks continue ...

Catherine Bessant’s journey to the CIO role at Bank of America wasn’t your standard ascent through the ranks of IT. Bessant, now Global Technology and Operations Executive, leads a team of more than ...

Suncorp Group has reported that during the first half of the 2022 financial year it continued to simplify its digital assets across all three business divisions, namely insurance, banking and wealth, ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When the banking system seems shaky, people and ...