Banking

New high-friction savings account designed to fight fraud

Austin Capital Bank launched its high-friction Fort Knox High Security Savings Account today to slow down fraud.  The savings account, delivered as an...

IBM rakes in $7.5B from gen AI offerings

IBM is seeing growth thanks to the wave of AI adoption across all major industries.  AI remains a powerful driver of change for...

heterogeneous impacts on spending and debt – Bank Underground

Philippe Bracke, Matt Everitt, Martina Fazio and Alexandra Varadi The Bank of England Agenda for Research (BEAR) sets the key areas for new...

Digital banking transactions: Cross Valley FCU taps Mahalo

Cross Valley Federal Credit Union is using Mahalo as its digital banking provider.  The $220 million credit union announced July 22 that it...

Discover integration cost Cap One $299M in Q2

Capital One expects the integration of Discover Financial’s operations and tech stack to be costlier than anticipated.  The bank spent $299 million on...

KeyBank selects Personetics for behavioral banking

KeyBank has tapped cognitive banking provider Personetics to drive engagement with clients.  The Tel Aviv-based AI-driven fintech will provide consumers with automated nudges...