JPMorgan Chase's quantum computing push; counterfeit check fraud rattles community banks

Surge in counterfeit checks prompts outcry from small community banks: A rising number of check fraud cases involving counterfeit checks is compounding the already-serious problem of fraud in one of the oldest payment methods widely available.

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How JPMorgan Chase is prepping for Q Day: The bank is developing algorithmic models that will be ready to take advantage of quantum computers when they become powerful and reliable enough to use. It's also taking steps to defend itself against the day cybercriminals can harness quantum computing to break the encryption protocols

FDIC's Hill pushes Basel reproposal, expanded brokered deposits: Federal Deposit Insurance Corp. Vice Chair Travis Hill has called for a full reproposal of the Basel III endgame capital standards, emphasizing the need for joint advancement by all three major federal banking agencies and an additional comment period for industry feedback.

Suni Harford, former president of UBS asset management's exit interview: The Climb. After 40 years in finance, Harford is now learning to play golf and mahjong, and spending more time with family and friends. Read her exit interview as she retires from the industry.

Women executives in banking and finance are invited to join us at our annual?Most Powerful Women in Banking Conference, October 22 and 23, 2024, in New York City.?

New York Community leans on CEO's connections as it revamps leadership: The embattled Long Island-based bank announced the hiring of nine new senior executives. Most of them have ties to CEO Joseph Otting, who previously held the top job at the OCC and OneWest Bank.

Today in?bank earnings: Puerto Rico's Popular trims expectations for loan growth on mainland

Read more on community banking: ACNB in Gettysburg to acquire Pennsylvania peer Traditions Bancorp