Most banks today still rely on a hodgepodge of outdated technology that’s upwards of 40 to 50 years old. Efforts to modernize a bank’s core can be challenging but are necessary to take advantage of ...

Several U.S. banking giants and mortgage lenders are reportedly scrambling to assess how much of their customers’ data was stolen during a cyberattack on a New York financial technology company ...

FHFA, Fannie Mae, and Freddie Mac jointly announced they have rebranded Common Securitization Solutions (CSS) to U.S. Financial Technology in a bid to boost recognition and sell more MBS tech services ...

How Americans conduct their banking has drastically changed with the advent of digital banking technologies. One significant shift, for instance, has been banks and credit unions rethinking the role ...

There’s definitely an emerging aspect that any application of AI needs to be predictable and reliable, never mind transparent and explainable, in any run-time processes. There’s a place for creativity ...

Berkshire Hathaway owns dozens of stocks in its massive $317 billion public equities portfolio. One of the leading positions for a long time has been Bank of America (NYSE: BAC). The Warren ...

Financial services are increasingly an online industry. Consumers expect an effortless banking experience in the palm of their hand, including money transfer and checking balance. Neither speed nor ...

Creating banking software is like constructing a skyscraper. It takes you to have a good foundation, proper engineering, and innovative design to make it tall and operate perfectly. In the field of ...

Fannie Mae and Freddie Mac on Thursday announced the creation of U.S. Financial Technology LLC (U.S. Fin Tech) to take over their jointly shared legacy company, Common Securitization Solutions (CSS).