1st Summit Bank in Johnstown, Pennsylvania, is offering high school graduates not just free training, but a seven-year employment guarantee. It's an approach that some experts think could catch on.
State agencies supervise about 79% of U.S. banks. Their umbrella group just published the questions, documents and risk tiers examiners may use.
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Volume on a rail for AI agents to make transactions has fallen 93% in 2026 while related startups flood the market, suggesting technology is developing faster than demand. But payment experts say there's still a very bright future for shopping and checkout via advanced forms of AI.
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The South Korean automaker's credit card subsidiary completed two proof-of-concept transactions that used stablecoins to move funds between subsidiaries in the U.S. and Mexico without a bank. Next, Hyundai Motor will test if the technology can be used as the backbone of its global treasury infrastructure.
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Visa and Mastercard have released products designed to manage AI agent risk, and are also working with Ant International on a shared know-your-agent protocol.
Constellation Software subsidiary CORA Group rebranded its U.S. core banking service as regulators are looking to inspect core vendor relationships.
FinCEN and four banking agencies cleared mobile driver's licenses for customer identification. The question is, can banks read them?
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There wasn't just one recipe for landing among the top-performing banks with $50 billion or more in assets. There were two — or, in some cases, a mix of both.
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OFG Bancorp, the parent company of Oriental Bank, has steadily climbed American Banker's rankings of the nation's top-performing banks. Here's how the Puerto Rican bank did it.
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United Bank and Five Points Bank, both ranked among the top-performing banks by Capital Performance Group, said they have stayed in the mortgage business because they see it as a way to build strong relationships in the communities they serve.
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Bankers need to understand that artificial intelligence services are increasingly used by customers shopping for banking services. The chatbots can be pretty unsparing in their assessments.
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Lenders fronting the money for massive arrays of AI-friendly semiconductors have no visibility into their actual output. That could change with better reporting standards modeled after the energy industry.
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Small banks are uniquely vulnerable to local climate disasters, from floods to wildfires to tornadoes. Supervisors should be playing a more active role in helping them identify, measure and manage their risk.
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
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In a series of webinars and journal articles, two lawyers and a financial planner are leading a collaborative discussion about how estate planning professionals can better serve African American clients and, in turn, all customers.
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With three years of market appreciation buoying most advisors' revenue generation, Morgan Stanley says: Produce a bit more or see a small pay cut.
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Osaic expected advisor departures during its massive consolidation of nine separate broker-dealers within its corporate structure. But CEO Jamie Price says the effort positioned the firm well for a future liquidity event. Here's how the independent broker-dealer is rebuilding.
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Foreclosure rates were highest in the region, and nationwide, completed repossessions also saw a significant jump, according to Attom.
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The market initially showed relief after the initial confirmation of an anticipated inflation-fighting hike but discussion of a future raise renewed concern.
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Bill Pulte, FHFA director, has ordered Fannie Mae to update its servicer guide to mirror Freddie Mac policy regarding notifying borrowers about dropping MI.
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A pair of proposals issued by the Federal Deposit Insurance Corp. Thursday would create new merger processing timelines and extend national-bank preemption to certain out-of-state, state chartered bank activities.
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The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
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Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
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The failure of a much-anticipated crypto market structure bill Tuesday likely has doomed the effort to pass the bill in this Congress. The next version of the bill could be a double-edged sword for banks.
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Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
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Structural change in banking is rarely defined by technology alone. Rather, leaders who know when to invest, where to modernize and which risks are worth taking are driving it.
The 23rd annual ranking of women leaders in the banking industry.
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- Partner Insights from Databrick AWS
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