VersaBank has waited two years for a green light on its $13.5 million proposed purchase of Stearns Bank Holdingford. Now it just needs the OCC's sign-off.

With AI, it is easier to disclaim responsibility for bad outcomes than with any other technology in recent memory,” Acting Comptroller of the Currency Michael Hsu said Thursday.

Canada’s second largest lender has been awash with anti-money laundering woes, with allegations based in multiple states. The bank set aside $450 million in April and overhauled its AML program.

The proposed class action claims that the lender, from 2011 until 2021, knew of a scheme that duped more than 1,000 investors, most of whom were seniors.

Cautious regulators and more drawn-out regulatory approval timelines have given rise to some changes in merger agreement conditions.

Felicia La Forgia will oversee the bank's newly minted institutional client group, while Stephen Philipson will lead product business for wealth, corporate, commercial and institutional banking.

Newgen Software, a global provider of a low-code platform for end-to-end automation at scale, announced that Centennial Bank, based in Arkansas, has partnered with the IT company to enhance its ...

The employee, who has since been fired, allegedly took $200 bribes from a Colombian national and allowed the transfer of millions of dollars from the U.S. to Colombia, court documents show.

The Power of Us” used Supernatural AI’s tech to create avatars of the bank’s core target groups and test the baseline idea and initial creative.

You live here…and your money should too!” is the message PrimeBank wants to share with its valued customers. The bank ...

Goldman vet will take on a new role as president at the market maker. He'll join in September and be responsible for growing client and partner relationships.

The scale of fraud on the Zelle platform is unacceptably high,” National Consumers League Vice President John Breyault said.