The Office of the Comptroller of the Currency has granted Sau Paulo-based Itaú Bank — the largest bank in Latin America — permission to set up shop in Miami.
Most Americans have been at least targeted by fraudsters, and as AI technology gets better the frauds are going to be harder to stop.
-
Correspondent banking has been around since the 14th century, when Italian merchant-banking houses used a network of partner banks and agents to settle trade debts without physically shipping coins, and has since become vital infrastructure to facilitate global payments. Today, digital assets are challenging some of the economics that have supported correspondent banking.
-
The payments company has acquired artificial intelligence firm OpenRouter in a deal that comes as banks consider strategies for large language models and Stripe is rumored to be in talks to buy PayPal.
-
Jennifer Barker, the bank's global head of payments & trade and depository receipts, says people are more worried about the outcome than how transactions occur. That creates a greater bank role for intelligent routing or payment facilitation, where customers automatically get the best option with little work on the front end.
Banco Santander has completed its purchase of Webster Financial. It plans to take the integration process slowly in order to avoid customer disruptions.
A group of community development financial institutions are asking a federal court in California to compel Treasury to disburse funds from the CDFI Fund before they expire in September.
-
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.
-
In American Banker's ranking of banks with the strongest metrics, here is this year's list in the $10-$50 billion range, based on data from Capital Performance Group.
-
A recipe of no securities, mostly adjustable-rate loans and a cheap rural deposit base made the Texas bank the top performer in the $2 billion-$10 billion asset class.
-
In a shifting regulatory environment, CCOs must move from a posture of constraint toward one of enablement, becoming entrepreneurial strategic leaders.
-
The Trump administration's refusal to release funds appropriated by Congress for community development financial institutions is actively damaging programs that serve low-income Americans.
-
Bankers in the U.S. can learn a few things from watching the rollout of the European Union's new AI Act. Specifically, they should notice the gaping hole where rules about identity verification ought to be.
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
-
A survey found Medicare Advantage customer satisfaction dropped for the second year in a row. Financial advisors can guide clients as they weigh coverage choices.
-
A new guide from the CFP Board is meant to help advisors through offering 401(k) rollover recommendations, which can be a tricky area for compliance.
-
Two experts in mergers and M&A sales explained how and why RIA owners need to clean up their data, get a formal valuation and figure out other technical questions before they make a succession deal.
-
This was the second acquisition Luminate's mortgage arm has made since the start of 2025. The bank bought NJ Lenders Corp. in April of last year.
-
The government-sponsored enterprise oversight chief said his agency is focusing on select fees applied to mortgages that lenders sell to Fannie and Freddie.
-
After losing money on production in most quarters between 2022 and 2024, independent mortgage bankers have achieved five consecutive quarters in the black.
-
Forbright Bank in Chevy Chase, Maryland, which has gathered more than $4 billion in online deposits over the past two years, plans to sell its branch network and focus entirely on digital banking.
-
Bond yields are rising as the market's under duress and the national debt's crossed the $40 trillion mark; but rising yields aren't all bad for banks.
-
With its Estimated Value Index, the valuation expert FP Transitions seeks to give RIA owners a leg-up in knowing just what their firms can most likely fetch in a sale.
-
As the fintech IPO market is on pause and the total number of deals decreases, select firms are still collecting sizable equity checks from private investors.
-
The agency says the subprime auto lender pledged the same car loans to several lenders and bond deals at once, leaving investors owed about $945 million.
-
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI.
- PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours.
- Best of the WeekFridayThe most important and widely read stories from the previous week.
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.
-
Partner insights from Dell Technologies with NVIDIA -
Partner insights from Dell Technologies with NVIDIA -
Partner insights from Dell Technologies with NVIDIA -
Partner Insights from Dell Technologies with NVIDIA
-
Partner Insights from CDW - Partner Insights from Fireblocks
-
Partner Insights from Cenlar -
Partner Insights from Abrigo
