'Stop prompting, start delegating': Anthropic exec to banks

Anthropic's Head of Banking Katie McNamara urged banks to adopt agentic AI on Wednesday.

https://www.americanbanker.com/news/stop-prompting-start-delegating-anthropic-exec-to-banks

#FinTech #FinServ #Banking #AI

'Stop prompting, start delegating': Anthropic exec to banks

Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.

American Banker
Lumin Digital Emphasizes ROI, Cloud-Native Architecture, and AI Partnerships in Weekly Push

Lumin Digital – Weekly Recap Lumin Digital spent the week sharpening its positioning as a cloud-native, ROI-focused digital banking platform for credit unions and community banks. The company emphasized that

Tipranks

Flagstar CEO recalls tough decisions to 'right the ship'

Shortly after becoming CEO, Otting hired three of his former colleagues from the Office of the Comptroller of the Currency to take leadership roles at Flagstar.

https://www.americanbanker.com/news/flagstar-ceo-recalls-tough-decisions-to-right-the-ship

#FinTech #FinServ #Banking

Flagstar CEO recalls tough decisions to 'right the ship'

At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.

American Banker

Africa’s banking giants are converging on Kenya as battle for East Africa intensifies

Kenya is increasingly attracting African banking groups because of its strong financial sector, digital economy and regional influence.

https://africa.businessinsider.com/local/markets/africas-banking-giants-target-kenya-as-absa-deepens-east-africa-expansion/e4lc8rm

#FinTech #FinServ #Banking

Africa’s banking giants are converging on Kenya as battle for East Africa intensifies

Absa’s $238 million move to increase its stake in Absa Bank Kenya highlights growing competition among African banking giants seeking expansion in East Africa’s largest economy

Business Insider Africa

Credit unions must remain a safe place for Black women

CBS Mornings reported that more than 300,000 Black women lost their jobs in the first half of 2025.

https://www.americanbanker.com/opinion/credit-unions-must-remain-a-safe-place-for-black-women

#FinTech #FinServ #Banking #Diversity

Credit unions must remain a safe place for Black women

Credit unions have a long history of serving diverse members. In a climate where programs designed to promote diversity, equity and inclusion are under constant attack, they should double-down on that commitment.

American Banker

Bank of America app outage leaves U.S. customers without mobile and online access

The disruption is key for BofA, with the bank reporting 59m clients using its digital tools. The bank says digital now accounts for 94% of all client interactions.

https://ts2.tech/en/bank-of-america-app-outage-leaves-u-s-customers-without-mobile-and-online-access/

#FinTech #FinServ #Banking

Bank of America app outage leaves U.S. customers without mobile and online access

Bank of America’s digital banking outage Saturday left over 5,000 customers unable to log in or access accounts, hitting a platform used by 59 million clients and

TechStock²

The risk for banks as embedded payments take off

Embedded payments will soon become ubiquitous, creating a need to offer the service at scale.

https://www.americanbanker.com/payments/news/a-look-at-the-future-of-embedded-payments

#FinTech #FinServ #Banking #Payments #PayTech

The risk for banks as embedded payments take off

Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.

American Banker

A couple paid cash for a house. Bank of America mistakenly tried to foreclose, then ignored court orders to pay the couple's legal fees.

So the couple showed up at a branch with a moving truck & deputies to seize the bank's furniture and cash.

https://buff.ly/YMQ0pip

#FinTech #FinServ #Banking

Deluxe makes $625M acquisition

The paper check company seeking to evolve its business is purchasing payments processor Celero to boost its non-check revenue.

https://www.paymentsdive.com/news/deluxe-makes-625m-acquisition/823276/

#FinTech #FinServ #Banking #Payments #PayTech

Deluxe makes $625M acquisition

The paper check company seeking to evolve its business is purchasing payments processor Celero to boost its non-check revenue.

Payments Dive

How new payments tech is fueling Huntington's merger conversions

Huntington Bancshares has joined The Clearing House's CHIPS corporate payment system.

https://www.americanbanker.com/payments/news/huntington-joins-clearing-houses-chips-payments-system

#FinTech #FinServ #Banking #Payments #PayTech

How new payments tech is fueling Huntington's merger conversions

As the Ohio-based bank absorbs a pair of banks in Texas, it's also enhancing its ability to quickly move larger sums for business clients.

American Banker