All posts tagged "Fintech"
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News
/ 5 months agoSEC Cut Whistleblower Award by $125 Million After New Commissioner Arrived
Imagine handing someone a check for nearly $180 million, then snatching back more than two thirds of it. That is effectively...
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/ 5 months agoUS Bank, CoBank, and Rocket Share GenAI Use Cases at AWS Event, But Data Hurdles Remain
At a recent AWS gathering, executives from US Bank, CoBank, and Rocket Mortgage stepped up to the microphone with something unusual:...
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/ 5 months agoErebor Bank Races Past $1.1 Billion in Deposits Within Seven Weeks of Launch
A brand new financial institution, backed by a cadre of big tech executives, has just shattered expectations. Erebor Bank, which opened...
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/ 5 months agoAnthropic Rolls Out AI Agents for Banks and Inks Key Vendor Alliances
Artificial intelligence is making deeper inroads into the financial sector, and Anthropic is leading the charge with a fresh arsenal of...
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/ 5 months agoBank of America Shareholders Vote to Keep CEO and Chair Roles Combined
Bank of America shareholders have once again decided that two hats are better than one. In a vote that sent ripples...
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/ 5 months agoFannie Mae and Freddie Mac Investors Face a Long Wait for Profits, Possibly Until 2033
Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that underpin much of the U.S. housing market, are in remarkably...
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/ 5 months agoCFPB Rolls Out a Slimmed-Down Small Business Lending Rule; Banks Still Push Back
After a marathon 17 year journey, the Consumer Financial Protection Bureau has finally formalized a revised version of its small business...
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/ 5 months agoInterest Rates Hold Steady, but Uncertainty Clouds the FOMC’s Final Act
When it comes to the Federal Open Market Committee’s April meeting, one thing is as close to a sure bet as...
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/ 5 months agoAI Is Quietly Reshaping Small Dollar SBA Lending as Big Banks Take Notice
The landscape of Small Business Administration lending is shifting beneath our feet, and the change is powered by algorithms, not loan...
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/ 5 months agoTillis Lifts Objections to Warsh Fed Nomination After DOJ Drops Powell Probe
The political chessboard around America’s central bank just saw a major piece shift. Senator Thom Tillis, Republican from North Carolina, announced...
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