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News
Bank of America CEO Brian Moynihan praises AI firms' focus on safety
36+ min ago (355+ words) The largest US bank by assets is betting big on AI internally while its chief executive pushes for industrywide caution on the technology's risks Brian Moynihan, the chairman and CEO of Bank of America, has called it “encouraging” that AI…...
Here's how much interest a $150,000 2-year CD account can earn now
1+ hour, 14+ min ago (202+ words) September 14, 2026 / 3:07 PM EDT / CBS News Locking this much money away for this long, after all, will need to be worth it. So, how much interest can a $150,000 2-year CD account actually earn savers right now? That's what we'll break down…...
Brian Armstrong Advocates Stablecoin Use for Community Banks
1+ hour, 24+ min ago (183+ words) Brian Armstrong emphasizes stablecoins as essential for community banks. Here's why this shift matters for the financial sector. Brian Armstrong highlights stablecoins as vital for community banks. Coinbase partners with Moov to enhance bank capabilities with stablecoins. The current market…...
Fireblocks Reports Surge in Bank and Payments Volume Over
2+ hour, 20+ min ago (188+ words) Fireblocks reports a surge in bank and payments volume, surpassing crypto trading for the first time. This signals a shift in digital finance dynamics. Fireblocks reports bank and payments volume overtaking crypto trading. Traders should watch how this shift impacts…...
Barclays boosts Isle of Man private bank team with key appointments
8+ hour, 21+ min ago (295+ words) Barclays has made an number of appointments to its private bank team in the island. Yash Naidoo and Sam Curl have both taken up roles as senior private bankers, joining Allie Kirk who joined three months ago. Jamie Lang joined…...
JPMorgan's Private Bank Reset Targets the Next Wave of AI Wealth
13+ hour, 18+ min ago (158+ words) JPM's private bank reset targets the rising pool of AI-generated wealth as fee-rich AWM growth and deeper lending ties support long-term earnings potential. Oops, something went wrong U.S. markets close in 1h 13m JPMorgan's Private Bank Reset Targets the Next Wave of AI…...
Is AI Leveling the Playing Field? Fintech AI Visibility Study Says Yes
2+ hour, 37+ min ago (512+ words) San Diego, CA, Sept. 14, 2026 (GLOBE NEWSWIRE) -- NP Digital released the Fintech AI Visibility Index, a study analyzing more than 68,000 AI-generated answers to fintech prompts across ChatGPT, Gemini, Perplexity, Claude Sonnet 4, and Google AI Overviews. One comparison stands out: SoFi, a…...
U.S. Bank Recruits Citi Executive to Lead Payments in Key Growth Sectors
2+ hour, 12+ min ago (404+ words) U.S. Bank has named Citi veteran Calvert Lange to lead the delivery of payment and treasury solutions to technology, media, telecom, automotive, transportation, consumer and hospitality companies, the bank said in a Thursday (Sept. 10) press release. Lange will serve as senior…...
Banks Are Betting You'll Never Look Up What Your Savings Rate Should Be
3+ hour, 1+ min ago (1335+ words) Your statement shows the APY; the useful part is seeing whether your cash could be earning hundreds more elsewhere. Most savings accounts look harmless because something shows up under "interest paid." A few dollars land in your account, the balance…...
Big AI ‘Digital Robbery’ Warning: Could Hackers Empty Your Bank Accounts In 3 Months?
11+ hour, 42+ min ago (79+ words) How could an AI-powered ‘digital robbery’ work? AI models such as ChatGPT have safety guardrails designed to prevent them from helping with password theft, fraud or other dangerous activities. But if those safeguards can be bypassed, criminals could potentially use…...