4+ day, 14+ hour ago   (814+ words) Like any AI model, a generative AI model is only as good as the data it's fed. But how do you know you have good data?Some bank technologists are answering this question with the concept of a "nutrition label....

1+ week, 1+ day ago   (936+ words) Building from the ground up has its appeal, but for one Georgia-based investment group, the prospect of growing and reaching profitability years ahead of schedule proved more enticing. The investors behind the proposed Georgia Skyline Bank still aim to exploit…...

1+ week, 1+ day ago   (751+ words) Walmart's quest to be a financial services provider is accelerating as an affiliate fintech expands its reach into auto finance. OnePay this week launched My Garage, enabling a variety of auto-related payments and access to financial information through a single…...

1+ week, 3+ day ago   (492+ words) As financial institutions increase their use of artificial intelligence, the risk that results when AI models go astray will also increase. New American Banker research suggests credit unions do not give this risk the same weight as other financial firms....

1+ week, 4+ day ago   (437+ words) Bank-fintech relationships are responsible for some of the most popular financial innovations of our time. We have these relationships to thank for neobanking, an innovation that has lowered the barrier to entry for banking and improved financial inclusion. Despite all…...

1+ week, 5+ day ago   (720+ words) Minneapolis-based U.S. Bancorp is expanding its business-banking operations to two Southeast states outside of its 26-state branch footprint, as it seeks to build a national presence for the unit. The bank's recent hires in Florida and Georgia — as well as Arizona,…...

1+ week, 5+ day ago   (851+ words) One of the most common comments I've received over the many years I've spent making presentations to bankers is that most of the subject matter I address could be just as appropriate outside of banking. The CEO of a community…...

2+ week, 1+ day ago   (731+ words) Affirm continued to distinguish itself from its peers in its fourth fiscal quarter ended June 30 as more consumers turned to its point-of-sale and installment lending products, but the fintech still has plenty of room to grow as it touches only…...

2+ week, 3+ day ago   (656+ words) Traveling for work is very common, but managing how employees book and pay for trips can be a vexing challenge. And that's attracting a new generation of payment products that are promising workarounds. "Booking can take multiple payments to get…...

2+ week, 4+ day ago   (919+ words) "We know there are going to be lots of networks out there, lots of options for banks to choose from," Headlee told American Banker. The BankChain Alliance will provide banks a network that is owned, designed and governed by banks…...