Things we’re reading today include … Cryptocurrency Industry is Targeted Most in Deepfake Frauds (asisonline.org) Synapse bankruptcy puts bank-fintech partnerships on notice | American Banker JPMorgan’s Latest Fintech Fight Highlights the Pain of Sellers’ Remorse – Bloomberg National Australia Bank builds ‘customer brain’ using Pega to make digital banking more human (diginomica.com) Four-day week easier……

Whilst I was in South Africa, they couldn’t help talking about Rugby  (could they?). You may remember that South Africa won the Rugby World Cup last year* for the second time in a row – a rare feat – and are the top-ranked world rugby team right now. So, it’s not surprising they would talk about……

The inaugural Bank Automation Summit Europe 2024 will be held Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, providing attendees with global insights regarding automation, AI and emerging technologies in the financial industry.   This bank technology event brings together C-suite executives and industry experts to discuss approaches to technology, the latest in banking…

Citizens Bank is looking to add new digital banking solutions for small- and medium-sized businesses to its new Cash Flow Forecasting platform.  To keep up with SMB demand for insights and tools, the Providence, R.I.-based bank will add an enterprise resource planning (ERP) tool to its Cash Flow Forecasting platform later this year, Mark Valentino,…

Financial institutions must approach emerging technologies such as AI with experience and empathy at the forefront, New York-based fintech Broadridge Chief Digital Officer Rob Krugman says on this episode of “The Buzz” podcast.   Sixty-five percent of consumers said that AI lacks a sense of empathy that is valuable in communication, according to Broadridge’s 2024…

Banco Bilbao Vizcaya Argentaria SA is planning to open a digital consumer bank in Germany, using existing technology to expand at relatively low cost. The project is led by Javier Lipuzcoa, the head of BBVA’s digital bank in Italy, according to people familiar with the matter. The lender is currently preparing a feasibility study and…

A few people got excited about Affirm working with Apple Pay to embed BNPL (buy now, pay later) in their services. As reported by CNBC: Apple device users will be able to tap into buy now, pay later loans from Affirm for purchases Affirm will surface as an option for Apple Pay users on iPhones……

NEW YORK — JPMorgan Chase is deploying AI to help investors research the likeability and growth trajectory of companies.  The $3.5 trillion bank created its AI-driven “social calculator” to track positive, negative and neutral social media comments about companies, Manuela Veloso, head of AI research at JPMorgan Chase, said at the AI for Financial Services…

Technology provider Fiserv is expanding its training offerings to clients through Fiserv University, which launched in May.  “Many institutions are under pressure to do more with less, which requires a highly efficient and well-trained staff,” Dudley White, president of core account processing solutions at Fiserv, told Bank Automation News. Fiserv University offers tech and process…

A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation. Judge Margo Brodie of the US District Court of the Eastern District of New York indicated in a hearing Thursday that she probably…