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Data as of Sep. 30, 2023. Dollars in thousands.

Data as of Sep. 30, 2023. Dollars in thousands.

The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.

The latest consumer survey report from Elan Credit Card and PYMNTS Intelligence reveals that 24% of consumers would most likely turn to a credit union or community bank for their next credit card – in many instances where these consumers already hold their primary bank account.

For organizations impacted by Nacha's proposals, this will mean considerable planning. Will you be ready?

Over the past year, the national bank regulators' oversight of Silicon Valley Bank, Signature Bank, Silvergate Capital and other banks that failed has been criticized. Reports of a toxic workplace at the FDIC have come to light. And the OCC hired a Deputy Comptroller and overseer of fintech who had easily discoverable falsehoods on his resume. Michele Alt, cofounder and managing director at Klaros Group, explains what this might mean for banks in the coming year.

Banks are just beginning to get their arms around Generative AI—a truly once in generation technology that will impact banking in three key ways: by being embedded in operations, then transforming operations, and then helping banks innovate and differentiate. Keri Smith, Global AI Banking Lead at Accenture will share highlights from recent research about how GenAI will impact employee roles within banks.

A recent survey of over 12,000 banking leaders globally found that 70% of industry executives believe that embedded finance is either core or complementary to their institutions' business strategies. Yet, only 20% are already offering these types of solutions.

Penny Lee, president and CEO of the Financial Technology Association and Steve Boms, executive director of FDATA NA, explain what their members like about the proposed regulation and what they would change.

From Qualified Financial Contract (QFC) Stay Rules to LIBOR to T+1 settlements, in recent years the banking industry has had to navigate a myriad of regulatory changes.