Institutions and Standards
11 articles
Bank AI Agents Face Real World Data Obstacles
Banks are eager to deploy agentic AI that can act autonomously, but outdated document systems and fragmented data threaten to undermine these ambitions. The real challenge is not AI capability but the quality and accessibility of the information it must process.
Global banks unite to launch USD stablecoin for cross-border payments
Twenty-one major banks are forming a new company to issue a USD-pegged stablecoin, aiming to reshape cross-border payments and digital settlements by 2027. The move signals a direct challenge to existing payment rails and regulatory frameworks
NumisMaster Pricing Database Moves to NGC and PMG Ownership
The NumisMaster pricing database has been sold to NGC and PMG, marking a major shift for collectors who rely on its data. Active Interest Media will continue publishing Numismatic News, World Coin News, and Bank Note Reporter with ongoing pricing updates
Deutsche Bank to Consolidate Core Systems with Thought Machine
Deutsche Bank is investing €600 million to overhaul its Private Bank division's core infrastructure in Germany, selecting Thought Machine's Vault Core for a decade-long transition aimed at reducing complexity and long-term costs
Why Financial Stress Tests May Not Reveal True Institutional Risks
Banks routinely test capital, liquidity, and cyber resilience, but these exercises may not capture how institutions actually perform under real-world pressure, raising questions about operational readiness and decision-making in crisis scenarios
US Bank Investment Services Adopts Fenergo Platform for Client Onboarding
US Bank Investment Services has implemented Fenergo's Fen-X platform to automate onboarding and lifecycle management for alternative investment clients, aiming to streamline compliance and reporting across multiple business lines
Flagstar Bank Begins Phased Shift to Fiserv Finxact Core Platform
Flagstar Bank is consolidating its legacy systems onto Fiserv's Finxact core, aiming to streamline operations and reduce technical debt after merging three institutions. The transition is part of a broader technology overhaul with no set go-live date.
How Trust Is Reshaping Banking Amid AI and Digital Pressures
As banks face mounting digital and regulatory demands, trust is being redefined. The industry's ability to adapt to AI, modernize legacy systems, and deliver real value now determines its credibility with clients and partners.
Banks Face a Binary Choice: Platform or Pipe by 2032
Banks have until 2027 to decide whether to become customer-focused platforms or efficient product providers, as the industry moves toward a split that will reshape margins, customer relationships, and the economics of banking
AI Agents Challenge Human Accountability in Financial Services
As AI agents begin to initiate tasks in banking and payments, financial institutions must rethink how authority, supervision, and responsibility are structured across their organizations
ABN Amro Partners with Mistral AI to Advance Secure Banking Technology
ABN Amro is working with Mistral AI to develop artificial intelligence solutions tailored for European banking, aiming to strengthen data privacy, regulatory compliance, and reduce reliance on non-European tech providers