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January

18
2024
Strategy

AI Poised to Drive Small Business Lending Decisions

Small- to medium-sized businesses (SMBs) are, by definition, firms with the most potential to grow. But, somewhat counterintuitively, SMBs also represent a category most likely to suffer from a lack of financial inclusion within the broader landscape.

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January

18
2024
Industry News

Tick, Tick, Tick. Office of Technology’s Summit on AI

Personal computer ownership exploded in the 1990s. Technologies that enabled new forms of communication, productivity, and entertainment were also accompanied by computer-related scams, misrepresentations, and anti-competitive practices.

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January

18
2024
Industry News

Even some Fed officials are now questioning the Fed's new bank capital rules

Two Federal Reserve officials this week suggested changes to new bank capital rules proposed by their own agency, adding to the pressure on regulators to revise the controversial requirements.

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January

18
2024
Trends

US bank profits fall as competition for deposits erodes lending margins

NEW YORK (Reuters) -Several large U.S. regional banks reported lower profits on Wednesday, in a further sign that the income boost from interest rate hikes by the Federal Reserve is starting to wane.

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January

18
2024
Industry News

Supreme Court Denies Hearing of Case on Text Messaging and ATDS

The U.S. Supreme Court has denied hearing a case that revisits the issues in Facebook v. Duguid, including what qualifies as an automatic telephone dialing system (ATDS) under the Telephone Consumer Protection Act.

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