Banks are diving into AI, and it's a big deal. For the third year, it's the hottest trend in finance. But it's not all smooth sailing. AI brings both benefits and risks. On one hand, it boosts efficiency and improves customer service. On the other, it opens doors to fraud, deepfakes, and voice cloni
Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Savings accounts are a smart way to grow your money, but picking the right one can be tricky. Recently, the Federal Reserve has been cutting interest rates, which affects how much you can earn on your savings. This shift makes it crucial to understand the differences between money market accounts an
Dimension interpolation is a cutting-edge field that's shaking up how we understand fractal dimensions. It's all about blending different types of dimensions, like Hausdorff, box, Assouad, and Fourier, to reveal new insights. These blended dimensions often show us things that the individual dimensio
Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input
