Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s plenty to go around, Bloomberg News reported Sunday (Nov. 17). That report tells the story...
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are...
Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with...
It’s hard to believe it was more than 20 years ago. Feb. 4, 2004. George W. Bush was president. The Lord of the Rings ruled the movie box office. “Hey Ya!” ruled the top 40. And in Cambridge a sophomore named Mark Zuckerberg registered the URL...
November 18, 2024
How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital services — but traditional loan processes often fall short. According to the latest “Money Mobility Tracker®,” 73% of borrowers are willing to pay extra for instant loan access. This willingness […]
November 18, 2024
Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate...
November 18, 2024
It’s hard to believe it was more than 20 years ago. Feb. 4, 2004. George W. Bush was president. The Lord of the Rings ruled the movie box office. “Hey Ya!”...
November 18, 2024
“Complexity powers the status quo,” Karen Webster wrote in a recent column. And in financial services — particularly for credit unions — complexity in the back office, and in member-facing...
November 18, 2024
HSBC reportedly wants hundreds of managers to reapply for jobs at the bank’s new division. Interviews for positions at HSBC’s corporate and institutional banking (CIB) arm have already begun, Bloomberg News reported Monday (Nov. 18), citing sources familiar with the matter. These interviews — part of new CEO Georges Elhedery’s push for greater efficiency — have essentially pitted senior staff […]
November 18, 2024
Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants — Morgan Stanley — there’s...
November 17, 2024
The restaurant industry is reportedly eager to move beyond a difficult 2024. “I don’t know about you guys, but I’m ready for ’24 to be behind us, and I think...
November 17, 2024
T-Mobile was reportedly hacked in a recent cyberespionage attack on American and international telecommunications companies. Hackers with ties to a Chinese intelligence agency were able to get into the T-Mobile...
