Stocks
Union Pacific Profit Rises 5% as Merger Case Builds
Union Pacific's first-quarter earnings climbed 5% to $1.7 billion, as the railroad bolsters its case for an $85 billion acquisition of Norfolk...
The Editorial Team 760 articles
Investing
US Treasury: Better Identity is Key to Smarter AML
The US Treasury Department is emphasizing enhanced digital identity verification as crucial for modernizing anti-money laundering (AML) efforts, aiming to cut through...
Finance
US Mortgage Rates Decline for Third Consecutive Week
Average long-term U.S. mortgage rates have fallen for the third week in a row, reaching 6.23%. This easing of borrowing costs coincides...
World Business
Fraudsters Exploit Trust Signals in Digital Identity Attacks
Cybercriminals are shifting tactics from faking documents to manipulating the data signals financial institutions rely on for identity verification, forcing a rethink...
Finance
OTP Security Fails as Automation and Deception Escalate
One-time passwords, once a trusted security measure for banks, are now insufficient against sophisticated automated attacks and social engineering, experts warn.
Finance
Real-Time Payments Evolve Beyond Speed to Cash Flow Management
Record transaction volumes on the RTP® network indicate a shift. Consumers are increasingly using instant payments as cash flow tools, not just...
Investing
UK Finance Unit Launches $1.5 Billion Asia Energy Transition Fund
British International Investment has established a £1.1 billion ($1.5 billion) fund to support energy transition sectors in India and Southeast Asia, aiming...
Finance
Credit Unions Face AI Chat Gap, Urged to Adopt Conversational AI
Credit unions risk falling behind as consumers increasingly expect AI-driven interactions. Early adoption of conversational AI is now a necessity, not an...
Economy
Philippines Central Bank Raises Key Rate Amid Inflation Fears
The Bangko Sentral ng Pilipinas hiked its benchmark interest rate for the first time in over two years, citing a worsening inflation...