Investment

A new research report this week found AI could 'unlock' $370 billion in profits for banks, though they're not yet ready to capture it. But big-bank executives say they are already seeing measurable results from their generative and traditional AI investments. 

Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may cause job losses in the short term.

Custody is the foundation, but the real opportunity for TradFi lies in what comes next

In late 2021, Vast Bank, a regional bank operating throughout Northeast Oklahoma,

As the emerging form of artificial intelligence impacts payments, pace of payment disputes and the workload will change.

Institutional adoption of digital assets hinges on one foundational capability: secure custody

The credit union fintech and core provider partnered to launch three new agentic AI-powered tools for credit unions that work with existing systems.

As Standard Chartered boss Bill Winters says cash will soon fully give way to digital currency, Western Union, Worldline, Coinbase and Ripple entered separate collaborations to bring digital assets to wider audiences. That and more in the American Banker global payments and fintech roundup.

The urgency for financial institutions to develop new systems to detect and prevent sophisticated fraud schemes is growing.

Moving on-chain isn't just a technology lift; it's about rethinking culture, compliance and coordination across legacy systems,