FDIC rule would force banks to retain fintech customer data after Synapse debacle
Tsingha25 | Istock | Getty Images The Federal Deposit Insurance Corporation on Tuesday proposed a new rule requiring banks to…
financial technology
CBA's X15ventures set to lead AI innovation in fintech
On 20 August, x15ventures, the business scaling arm of Commonwealth Bank of Australia, will close applications for its annual Xccelerate…
Morgan Stanley wealth advisors may promote bitcoin ETFs
Morgan Stanley Bitcoin on Friday told its army of financial advisors that it will soon allow them to offer bitcoin…
An AI-powered financial advisor has $20 billion in assets
AI-generated responses are becoming more common, whether travelers know it or not. Westend61 | Getty Images An automated financial advisor…
How to open a business bank account in 2024
Opening a business bank account will help your company keep its finances organized while also adding a professional touch to…
A Silicon Valley executive was robbed of $400,000 by cybercriminals while buying a house. Here's her warning
The real estate sector, with its high transaction volumes and frequent use of bank transfers, has proven to be a…
Citigroup (C) Q2 2024 Results
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Patrick…
Banks are getting closer to releasing stranded customers' deposits
Oscar Wong | Moment | Getty Images There could be relief for the thousands of Americans whose savings have been…
Assistant powered by Morgan Stanley OpenAI will be implemented for wealth advisors
Bing Guan | Bloomberg | fake images Morgan Stanley is advancing its adoption of artificial intelligence with a new assistant…
Robotics startup co-founded by Synapse CEO raises funds with exaggerated GM claims
3alexd | E+ | fake images A humanoid robotics startup co-founded by the CEO of bankrupt fintech company Synapse has…