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
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
Louise Brink Géczy, a respected educator from Harford County, passed away on October 27 at the age of 79. Her influence extended far beyond the classroom, touching the lives of many students and colleagues. She was known for her dedication to teaching and her commitment to human rights. Born in Ohi
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
