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...
Why FIs should invest in fraud detection
As quickly as financial institutions implement gen AI to speed manual back-end processes and consumer-facing operations, bad actors are using the technology to...
More mortgage lending might push home ownership further out of reach – Bank Underground
Jamie Waddell and Danny Walker
Would expanding mortgage supply lead to increased home ownership? Given that 90% of young home owners have a mortgage,...
Visa abandons open banking in US as data-access debate rages
Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer...
How fixed are global exchange rates? – Bank Underground
Roger Vicquéry and Kevin Hjortshøj O’Rourke
While the collapse of the Bretton Woods system in 1973 has traditionally been seen as heralding a major...
Intuit records growth on the back of AI investment
Intuit’s investments in emerging technology looks to be paying off.   In the early stages of AI tool deployment, Intuit is observing positive...