Banking

unveiling the risk of delivery failures and higher volatility in the repo market – Bank Underground

Miruna-Daniela Ivan The widespread practice of financial institution to re-use securities received as collateral plays a key role in the repurchase agreement (repo) market...

Digital banking transactions: SouthTrust Bank taps Jack Henry for upgrade

SouthTrust Bank has selected financial technology service provider Jack Henry to upgrade its digital infrastructure. A Jack Henry spokesperson told Bank Automation News...

CFPB moves to withdraw open banking rule

The Consumer Financial Protection Bureau’s new leadership has been pulling back, and the latest retreat is likely to affect open banking, also known...

5 questions with … Axos Bank Head of Commercial Digital Jennifer Taylor

Axos Bank is revving up its AI initiatives and technology acquisition strategy as consumer demand shifts toward high-tech banking. The $24 billion digital bank...

Nearly 75% of Better.com originations use AI

Online mortgage originator Better.com is deploying AI within its internal and external operations to drive efficiencies.  The New York-based company deployed its AI-driven...

Capital One finishes Discover acquisition after 15-month journey

Almost 15 months after its announcement, Capital One Financial Corp.’s takeover of Discover Financial Services was officially completed on Sunday, creating the largest...