Citi Report Reveals AI’s Growing Impact on Corporate Treasury Operations and Liquidity Management

by
Citi Report Reveals AI's Growing Impact

The role of artificial intelligence (AI) in corporate treasury is steadily evolving, with a recent Citi report outlining how generative AI is poised to reshape treasury operations by 2030. AI’s potential to enhance efficiency, optimize liquidity, and streamline decision-making processes is already being realized, although many corporate treasuries are still in the experimental phase. According … Read more

Telcoin Raises $25 Million to Launch Regulated Blockchain Bank and Stablecoin in the U.S.

by
elcoin Raises $25 Million

Telcoin, a blockchain-based financial services provider, has raised $25 million in an ongoing pre-Series A funding round to help launch Telcoin Digital Asset Bank in the U.S. and introduce its new bank-issued stablecoin, eUSD Digital Cash. With regulatory approval in hand, Telcoin is positioning itself to redefine the financial sector by combining the security and … Read more

Fifth Third Bancorp Eyes Embedded Finance Growth Amid Comerica Acquisition and Strategic Expansion

by
Fifth Third Bancorp Eyes Embedded Finance Growth

Fifth Third Bancorp is positioning itself for robust growth through its strategic focus on embedded finance and its upcoming acquisition of Comerica. CEO Tim Spence highlighted the bank’s continued expansion, particularly in the Southeast U.S., and the promising outlook for its embedded finance solutions. This comes as the bank reported a 6% increase in loan … Read more

PNC CEO Bill Demchak Says Regulatory Reforms Could Save Banks ‘Hundreds and Hundreds’ of Full-Time Jobs

by
PNC CEO Bill Demchak Says Regulatory Reforms Could Save Banks

Federal regulators’ push to simplify oversight and eliminate low-impact compliance burdens could dramatically ease the operational strain on U.S. banks. During PNC Financial Services Group’s third-quarter 2025 earnings call on Wednesday (Oct. 15), CEO Bill Demchak said the reforms could save banks “hundreds and hundreds” of full-time equivalents (FTEs) currently devoted to responding to regulators’ … Read more

CVS Pharmacy Gains 9 Million Former Rite Aid Customers After Bankruptcy Sale

by
CVS Pharmacy Gains 9 Million

October 2025 — CVS Pharmacy said it is now serving more than 9 million former Rite Aid and Bartell Drugs patients after acquiring select assets of the bankrupt Rite Aid chain. The integration, completed this month, underscores CVS’s growing dominance in retail pharmacy and signals a new era of consolidation in the U.S. drugstore market. … Read more

First Brands Collapse Highlights Risks in Rogue Receivables and Supply Chain Financing

by
First Brands Collapse Highlights Risks in Rogue

The collapse of First Brands Group, an Ohio-based auto parts conglomerate, has spotlighted significant vulnerabilities in receivable financing and supply chain lending. The failure has raised concerns about hidden risks and opaque financial structures that often go unnoticed in the complex world of private credit and trade receivables. First Brands, which was highly active in … Read more

Banks Set to Sell $1.2 Billion Debt Linked to Apax Acquisition of Finastra Unit

by
Banks Set to Sell $1.2 Billion

October 16, 2025 – In a significant move that could impact the financial services sector, Deutsche Bank, Goldman Sachs, and several other banks are reportedly preparing to sell $1.2 billion of debt tied to Apax Partners’ acquisition of Finastra’s treasury and capital markets (TCM) business. The deal, first announced in May, marks a strategic reshaping … Read more

Walmart Invests in U.S. Manufacturing to Strengthen Flexible and Dynamic Supply Chain

by
Walmart Invests in U.S. Manufacturing

Walmart has unveiled plans to significantly boost its investment in U.S. manufacturing to further enhance the flexibility and dynamism of its supply chain. At the CNBC’s Invest in America Forum on October 15, Walmart U.S. CEO John Furner highlighted the company’s efforts to create jobs and fortify its domestic manufacturing operations, which are crucial for … Read more

Equifax Launches Ignite AI Advisor to Revolutionize Lender Decision-Making with Data-Driven Insights

by
Equifax Launches Ignite AI Advisor

Equifax has introduced Ignite AI Advisor, a cutting-edge generative AI tool that empowers lenders to make smarter, data-driven decisions. Announced on Thursday (Oct. 16), the new solution combines AI-driven insights with proprietary credit and risk analytics to help financial institutions analyze their portfolios, identify growth opportunities, and streamline decision-making through natural language queries and visual … Read more

Alibaba Says Its AI Investments in Retail Have Broken Even — A Milestone for Profitability in Artificial Intelligence

by
Alibaba Says Its AI Investments in Retail

Alibaba Group has reached a critical milestone in its artificial intelligence (AI) journey. The Chinese tech giant said its AI investments in Taobao and Tmall, its flagship eCommerce platforms, have officially broken even, proving that large-scale AI spending can yield measurable financial returns. In a statement cited by CNBC, Alibaba executives revealed that AI has … Read more