Minneapolis Federal Reserve President Neel Kashkari said on CNBC that both sides of the central bank's dual mandate show signs of imbalance, with the labor market appearing more vulnerable.
The fintech firm will use the $5.5 million in funding to expand its operations and improve its products.
-
The e-commerce giant has added payment and credit products, though it faces heavy competition from banks and other tech firms. Also, Stripe's layoffs and other news from the world of payments.
-
The bank is among traditional financial institutions attempting to counter the gains rivals have made in buy now/pay later.
-
CEO Richard Fairbank told analysts executives have their "microscopes" out for any signs of trouble, but consumers remain "in a great place."
Bankers need to set aside their post-crisis aversion to risk, recapture some of the magic they once practiced as innovators, fear fintechs less, and worry about the Googles and Amazons more, says Peter Memon, a bank IT veteran turned global consultant.
-
Five Financial Reality Fairs will be held simultaneously across the state in order to help reduce recidivism through financial education.
-
The aid helps credit unions create community reinvestment and financial education initiatives.
-
Tim Welsh has spent his first two months on the job thinking about how to make U.S. Bank as central to consumers’ lives as Amazon, develop new personal financial management services, and expand into new cities.
-
Demand trends were mixed in the third quarter, with consumers showing more willingness than businesses to take on new debt, according to the Fed’s most recent survey on bank lending practices.
-
One of the top banking regulators during the 2008 financial crisis could have a hand in nudging Fannie Mae out of conservatorship.
-
The company is looking to tap into a surge of homebuying tied to historically low interest rates.
For the first time since the Eaton Fire erupted more than a month ago, Altadena has a bank branch that's open for business.
In a joint letter signed by over 50 bank trade groups, leaders in the banking industry urged regulators to revise bank regulatory thresholds upward to keep up with inflation.
-
The Consumer Financial Protection Bureau needs to do more to enhance security while making it easier for consumers to share data.
-
Many banks could benefit greatly from overhauling their internal culture when it comes to meetings. Both performance and morale stand to benefit.
-
The agency's rule represents real progress, but applying it to more kinds of accounts and making other common-sense changes would increase its already significant benefits to consumers.
-
As commissioner of Virginia's Bureau of Financial Institutions since 1997, Joe Face emphasized strengthening the dual banking system.
-
Bank merger and acquisition activity rebounded this year, led by Fifth Third's $10.9 billion proposed purchase of Comerica. Huntington, PNC and Columbia were involved in some of the other biggest deals announced in 2025.
-
Articles about stablecoins, scams, fintechs, premium credit cards and open banking were just some of the topics that struck a chord with American Banker subscribers in 2025.
-
From credit bureaus to software providers, 2025 saw attackers bypass bank defenses by targeting the supply chain and using social engineering.
-
Fewer than 1% of members reported surges relative to total assets outside the normal range, making Silvergate's experience unusual, according to the GAO.
-
Banks typically prefer to steer clear of politics. But in 2025, politics would not steer clear of banks
- 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.
The Dallas bank turned down another offer because it thought it could get a higher price from Fifth Third, and also could ink an agreement faster, according to Comerica's latest regulatory filing.
The payment fintech is marketing technology that lets merchants sell through AI agents; Google adds a credit card for India's national real-time payment rail. That and more in American Banker's global payments and fintech roundup.
The 23rd annual ranking of women leaders in the banking industry.
-
Partner Insights from Appian -
Sponsor Content from Appian -
Sponsor Content from Appian -
Sponsor Content from Appian
