TRUE Releases Compliance Guide Ahead of Fannie Mae August AI Governance Deadline
August 7, 2026
Fannie Mae's Lender Letter LL-2026-04 on AI governance became binding on 6 August. TRUE published a guide for lenders two weeks before the deadline.
Financialtechnology
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Schwab Posts Record Q2, Quietly Launches Direct Crypto Trading a Cycle Late
August 7, 2026
Schwab's retail clients can now trade Bitcoin and Ethereum directly, launched alongside record results with net revenue up 21% to $7.1 billion. The crypto move arrives a cycle late.
Sterling Mutuals Names Continuum Exclusive AI Platform for Its 300-Plus Advisor Network
August 7, 2026
More than 300 Sterling Mutuals advisors and staff will use Continuum for AI meeting notes, which land directly in client records through a OneBoss integration.
Glia Launches Three AI Response Modes to Let Banks Control the Hallucination Risk
August 6, 2026
Glia's three modes let banks choose between word-for-word approved answers, rephrased approved content or real-time answers drawn only from material they designate.
Overtime Teams Up With Authvia to Bring Conversational Payments to Debt Collection
August 6, 2026
Overtime and Authvia let consumers settle a debt inside the same voice, SMS or digital conversation that reached them. No terms or rollout timeline were given.
CFA Institute Publishes Framework for How AI Reshapes Capital Markets
August 6, 2026
The CFA Institute's AI Transition Framework, written by Mona Naqvi, sets out four structural forces AI brings to capital markets and opens a research series for senior investment leaders.
NerdWallet Confidence Index Hits a New High, but Gen Z Did Not Get the Memo
August 6, 2026
NerdWallet's resilience index rose to 63.1 in July, but Gen Z scored 51.9 against Boomers at 75.0, and the gap widened as the headline improved.
Seen Passes 250,000 Mastercard Accounts, Adds Two Credit-Building Products
August 6, 2026
More than 250,000 Seen Mastercard accounts have been issued through Coastal Community Bank since late 2023. Seen added a no-check, no-interest credit account and a secured card.
Matera Ships First Product Built on New ANSI QR Payment Standard, Targeting Fake-QR Fraud
August 6, 2026
Matera's QR codes follow the new ANSI X9.150 standard and let banks and billers take account-to-account payments across FedNow, RTP, ACH, Zelle and stablecoins.
Carpe Launches Claims Suite With AI Image Forgery Detection, Adds MCP Support Across Product Line
August 5, 2026
Carpe, formerly Carpe Data, has added case management, image forgery detection and ad monitoring to its claims suite, used by a majority of the ten largest US P&C carriers.
Qumis Launches "Attorney-Certified" AI Agents for Commercial Insurance Coverage Analysis
August 4, 2026
Qumis reads thousands of pages of commercial policies across 16 lines and returns citation-backed coverage analysis in minutes, with attorneys certifying the agents.
JAGGAER and Conferma Bring Embedded Virtual Cards to JAGGAER Pay, Marking First European Push
August 4, 2026
JAGGAER Pay users can generate a single-use virtual card when a purchase order is approved, and the Conferma partnership takes JAGGAER Pay into Europe for the first time.