Kansas banks runs afoul of money laundering standards again
Small Business Bank in Lennox, Kansas received another cease-and-desist order from the Federal Reserve for failing to comply with anti-money laundering and Bank Secrecy Act requirements for the second time in 14 months.
Inside BNY’s plans to upgrade Eliza, its generative AI platform
The 2.0 version, expected to launch next year, will provide more detailed responses based on more complex, humanlike thought processes.
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.