Private banking is synonymous with personalised banking, with close relationships between wealth managers and their clients at its core. Many private banks, such as J.P. Morgan Private Bank, have discovered that artificial intelligence can streamline routine processes, freeing employees to focus on the most important aspects of their work. The post Embracing GenAI: Enhancing Operations and Elevating Client Interactions appeared first on International Banker.| International Banker
Tyler Winklevoss, one of the founders of the digital currency exchange Gemini, on Thursday told Breitbart News that the JPMorganChase's proposed fees on data aggregators run contrary to President Donald Trump's goal to make America the crypto "capital of the world."| Breitbart
Top fintech and crypto companies on Wednesday urged President Donald Trump to stop American banks from charging fees for customer data.| Breitbart
The payment company's listing comes amid market and political volatility, but the Swedish firm has its strong recent financial performance and distribution deals with JPMorgan Chase and Walmart on its side.| American Banker
Richmond is suing two global banks over a $66 million financial deal it says violated California law and strapped the city for money.| Richmond Confidential
As representatives of communities who pay the highest costs of this toxic business, Indigenous Peoples demand banks prohibit new financing of Petroperú, and prevent its clients from pursuing new oil expansion.| Amazon Watch
There is a continued (but slowing) decline in the number of bank branches. Over the past 10 years, the total number of domestic branches for FDIC-insured institutions declined by almost 24% to fewer than 78,000 branches. This equates to an annual average decline of 2.1%. In 2Q21 and 2Q22, the y/y rate of decline exceeded 3%, but this slowed to 1.7% y/y to the end of June 2023.| EMI Strategic Marketing
As the banking ecosystem moves to a digital-first profile, we have identified the following five trends that shaped digital banking during the most recent quarter. Furthermore, we expect that these trends will persist into 2022.| EMI Strategic Marketing
