Thanks to the Inflation Reduction Act, all banks are ‘green’ banks now
The Greenhouse Gas Reduction Fund, a major element of the IRA, provides a critical opportunity for banks to integrate green finance into their core strategies.
Truist commits $725 million to help Western N.C. rebuild after Helene
The North Carolina-based bank rolled out a multiyear program to provide loans, investments and philanthropic support to communities in the western part of the state.
Finastra client files stolen in data breach
The breach, which occurred earlier in November, did not directly impact customer operations, but a threat actor stole data meant for customers.
CFPB’s Chopra: AI can be the key to fairer credit scoring
Consumer Financial Protection Bureau Director Rohit Chopra said the FICO credit-scoring model has drawbacks in price, predictiveness and market competition, and stakeholders should develop a more open-sourced model that uses artificial intelligence.