How to retain bank staff; real-time payments' next chapter; deepfake fraud increases

Banks try new ideas to recruit and retain employees: Customized perks, AI-driven solutions and even freelance employees are all in play at banks as human resource managers confront the challenge of recruitment and retention.

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What payment firms want from real-time's next chapter: Real-time payments and FedNow were top of mind at The Clearing House's Annual Convention. Here's how banks and payment companies see RTP's potential evolution.

Treasury warns banks deepfake fraud is on the rise: The Treasury's financial crimes arm alerted banks to the dangers of AI-powered fraud, urging close monitoring and swift reporting of any suspicious activity.

Weak prices, hefty crop supply threaten farm income and loan losses: Agriculture lenders expect more than a third of their borrowers to lose money this year, a development that could result in credit quality deterioration and impacts on banks' bottom lines.

FSOC approach to nonbanks unlikely to change under Trump: The incoming Trump administration is expected to prioritize an activities-based oversight approach to nonbank entities, just as the Biden administration has. It may also leave its designation power intact but unused.