Jay Plum, head of consumer lending at Fifth Third Bank, says artificial intelligence is fundamentally shifting relationships between banks and their third-party software vendors, allowing banks to do ...

A software engineer's career took a significant turn after a stagnant start. He boosted his annual salary from six lakh ...

Most organizations will eventually take on a defining transformation. Depending on the industry and scale, that transformation might be a system conversion, a platform modernization, a cloud migration ...

Since its inception in the 1960s, COBOL (Common Business-Oriented Language) has served as the backbone of global financial transaction systems. Valued for its stability and efficient processing ...

The Federal Reserve and other financial regulators will soon release proposals to loosen some planned rules on how much capital banks must hold in reserve to mitigate risks. By Stacy Cowley Federal ...

Replacing a bank’s core system is one of the most complex technology projects a financial institution can undertake. More banks are now trying to reduce reliance on older systems and change more of ...

Crypto just took a big step closer to becoming integrated into the mainstream financial system. Kraken’s banking unit has won access to the Federal Reserve’s core payment systems, making it the first ...

Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...

The world of high finance is moving toward a future where the ledger never sleeps. Barclays, a pillar of British banking for more than three centuries, is reportedly the latest institution to look for ...