Using advanced technologies to navigate economic cycles The mortgage industry is highly susceptible to economic fluctuations. Lenders struggle to maintain profitability, mitigate risk and operate efficiently through the instability of the boom-and-bust cycle. At the root of this issue is...
AI integration in finance offers opportunities alongside ethical and regulatory challenges. Achieving success requires a balance between innovation and responsibility. Financial institutions must prioritize ethical AI frameworks, collaborate with experts, and ensure transparency in their operations.
Economies around the globe are under extreme monetary and inflationary pressures, and in the United States, the Federal Reserve is aggressively managing monetary policy to curb inflation. Attempting to predict the economy’s impact on consumer financial well-being is an imprecise...
Bankers’ Bank, a correspondent bank specializing in providing banking products to community banks in the United States, went live with its Funding Agent Smart Liquidity℠ module. Funding Agent Smart Liquidity connects to The Clearing House (TCH) RTP® network Application Programming...
In response to the COVID-19 pandemic, the U.S. government enacted the Coronavirus Aid, Relief, and Economic Security (CARES) Act to address the economic fallout of stay-at-home orders across the nation. As part of CARES, Congress set up a new Paycheck...
Bankers’ Bank has committed to become a Funding Agent for depository institutions looking to provide real-time payments capabilities to their customers on the RTP® network developed by The Clearing House (TCH). Bankers’ Bank has chosen to work with CGI to...
As part of our Banking.Transformed. roundtable series, this roundtable explores key issues related to the move toward a cashless society. CGI banking experts Jerry Norton, Andy Schmidt, Charlotta Wark, Joe Knightly and Robert Book discuss their perspectives on this topic.