House Financial Services Committee ranking member Maxine Waters joined fellow Democrats in introducing a bill barring the ...

More than 200 employees are exiting the National Credit Union Administration as the credit union regulator pursues its ...

Andrew Blassie, a former executive at Illinois-based Bank of O'Fallon, pleaded guilty to inflating bank accounts, defrauding ...

The bank's LLM Suite, a portal through which all employees can use popular large language models, is American Banker's Innovation of the Year in the Generative AI category.

Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3.1 billion penalty and a U.S. asset cap.

A recent survey conducted by NVIDIA found that 98% of financial institutions plan to increase their AI spending in the next 12 months. With so much to gain, financial institution leaders are looking ...

Financial institutions use AI to detect and prevent billions of dollars of fraud each year in areas including account ...

Threat actors using artificial intelligence and other tools are putting a greater strain on banks' cybersecurity systems, and ...

Because of the Consumer Financial Protection Bureau's onerous regulation governing prepaid products, Americans who rely on ...

The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential ...

The House Financial Services Committee passed bills to expedite bank merger review, limit the use of reputational risk in bank examinations and imposing timelines for supervisory determinations.

Jackie Reses stirred debate by dismissing debanking as largely fictional during a Tuesday summit attended by many ...