Banking Exchange5d
AI Financial Crime Activity on the Rise
More than half of banks lost between $5 million and $25 million to AI-based crime last year AI is the foremost emerging ...
Banking Exchange5d
CFPB Combats Junk Fees in Mortgage Servicing
The regulator found servicers charging illegal junk fees and violating loss mitigation rules The Consumer Financial ...
Banking Exchange5d
CFOs Rank Cutting Costs as Top Priority
Study found the number of CFOs prioritizing cutting costs in finance function rose from 38% to 44% Research from US Bank has ...
Banking Exchange12d
FinCEN Underestimates Time Required to File Suspicious Activity Report
Banks spend 10 times the regulator’s estimates when filing a suspicious activity report The Financial Crimes Enforcement ...
Banking Exchange8d
Inflation Continues to Grow Impacting All Parts of the Economy
The report could have been worse as some feared even higher inflation reports Price pressures continue on the American ...
Banking Exchange12d
Merger & Acquisition Round Up: MidFirst Bank, Provident
MidFirst Bank and Wintrust announce acquisitions while Skyline Bank and Provident prepare for mergers MidFirst Bank has ...
Banking Exchange12d
Retirement Planning Creates Discord Among Couples
Nearly a quarter of couples cannot agree on how much money to save for retirement American couples continue to disagree on ...
Banking Exchange12d
Banking Exchange Hosts Expert on Lending Regulatory Compliance
Discussion will take place on Tuesday, May 21st at 2 pm Central Time, 3 pm Eastern time Banking Exchange will be hosting an ...
Banking Exchange5d
AI Financial Crime Activity on the Rise
AI is the foremost emerging threat for banks and financial institutions, despite increased investment to leverage AI as a tool to combat financial crime, according to BioCatch. The 2024 AI, Fraud and ...