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Small business platform Xero has joined forces with financial data network Plaid.
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This partnership is aimed at ultimately tripling the number of high-quality bank feeds available to customers in the U.S., the companies said in a news release Wednesday (July 16).
“For the many small businesses that form the backbone of local economies, access to community-focused...
Amazon Web Services (AWS) has launched a new artificial intelligence (AI) agent marketplace aimed at simplifying how businesses find, deploy and manage these autonomous bots.
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Announced at the AWS Summit New York City on Wednesday (July 16), “AI Agents and Tools” is a new category in the AWS Marketplace. It debuts with more than 900 agents and related support on tap from...
The number of data breaches in the United States is on track to reach a record high in 2025, with financial services being the “most breached industry,” according to the Identity Theft Resource Center (ITRC).
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Overall, there were 1,732 publicly reported data breaches in the first half of the year, the ITRC said in a Wednesday (July 16) press release. That’s 10% more than...
Blockchain company Ripple has launched a partnership with tokenization infrastructure platform Ctrl Alt.
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The collaboration, announced Wednesday (July 16) will see Ctrl Alt use Ripple’s digital asset custody technology to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project by delivering storage for Dubai’s tokenized real estate title deeds, issued...
Healthy consumer spending helped buoy Bank of America’s revenues in the second quarter.
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The banking giant reported quarterly earnings Wednesday (July 16) showing a consumer banking revenue of $10.8 billion, a 6% increase.
“Consumers remained resilient, with healthy spending and asset quality, and commercial borrower utilization rates rose,” CEO Brian Moynihan said in a...
PNC Financial Services Group generated its highest level of new commercial loan production in 10 quarters during the second quarter, PNC Chairman and CEO William S. Demchak said Wednesday (July 16) during the bank’s quarterly earnings call.
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The bank’s 4% growth in commercial and industrial (C...
The popular topic from this week’s big bank earnings isn’t merger and acquisition activity or net interest margins. It’s stablecoins and tokenized money.
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During their quarterly reports, top executives from Citi and JPMorgan placed stablecoin infrastructure at the center of their long-term strategy for cross-border payments, corporate treasury modernization and...
Google has added a feature to make it easier for Gmail users to unsubscribe from emails.
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The company’s recently announced “Manage subscriptions” tool lets users view and manage subscription emails, to make it easy to unsubscribe from the ones they don’t want from a single place.
“It can be easy to feel overwhelmed by the sheer volume of subscription emails clogging your...
Commerce Bancshares said Wednesday (July 16) that it expects its planned acquisition of FineMark National Bank & Trust to support its efforts to grow its wealth management business.
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The planned acquisition of the private bank, which was announced June 16, will bring to Commerce Bancshares an expanded footprint in Florida; new markets in Arizona and South Carolina; and...
Lloyds Banking Group reportedly has rolled out a new generative AI-powered knowledge hub to reduce the time it takes employees to find information and respond to customer queries.
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The system, known as Athena, is the U.K. bank’s first major deployment of generative artificial intelligence (AI), according to Finextra.
Designed to serve as a centralized knowledge base,...