Open banking is revolutionizing financial services by enabling secure data exchange between banks and third-party providers. The European Union’s Revised Payment Services Directive (PSD2) played ...

Open Banking has moved beyond concept—it’s now a catalyst driving real transformation in financial services. By enabling secure, permissioned data sharing between financial institutions and ...

Customer Experience. A few months back, Bank of America’s virtual assistant, Erica, surpassed assisting 42 million users in providing financial advice and assistance.Another banking giant ...

Financial services firms are expecting a rapid increase in jobs losses over the coming months as investment plans and optimism levels sink to fresh lows. The sector’s activity fell at the fastest rate ...

93% of parents say it’s important for financial institutions to provide banking and financial literacy education for their children, yet only 16% say their current bank provides such services.* ...

With banking issues and financial scams on the rise, customers face an uphill battle when something goes wrong It has never been more difficult for customers to get responses from their financial ...

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of President Trump’s “Big Beautiful Bill,” which is likely to lead ...

The 30 people you’ll meet in The Daily Record's 3rd annual Banking and Finance Power List each play a key role in the Maryland economy.

The banking and financial services giant has been restructuring its workforce as it eyes AI-driven operational efficiency.