Restructuring means near-term pain, long-term gain for First Hawaiian
The Honolulu-based bank is taking a $19.7 million pretax loss to rid its balance sheet of low-yielding investments. It joined a parade of banks that have made similar moves.
How community bank ‘mavericks’ compete in AI space
Some smaller banks are punching above their weight when it comes to being AI-savvy, industry observers say.
Virus-protection firm buys MoneyLion in $1 billion deal
The merger pairs the fintech's platform with Gen Digital's identity-protection services, such as Norton, LifeLock and ReputationDefender.
Open banking is here, but consumers need to know why it matters
The industry should rally behind the Financial Data Exchange, which has stepped up to help develop standards and governance protocols for open banking in the United States.
The CFPB has a new tool to examine customer service at banks
A new question field on the Consumer Financial Protection Bureau's consumer complaint form is tied to an advisory opinion on customer service related to customers' requests for information, industry experts say.