The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but said rising arrears call for caution.
USAA has granted development rights to some of its patented security technologies to Persistent Systems to create authentication and security-related products.
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Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
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A new EU law that requires interoperability and universal support for instant processing goes into effect this week, providing clarity that the U.S. lacks, while ABN Amro says restrooms generate transaction revenue. That and more news in this week's global payments roundup.
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Credit card issuers for years have looked beyond plastic materials to keep their cards top of mind and top of wallet. But just how much does the credit card material actually affect consumers' spending habits?
The Spanish bank's VC arm added two companies focused on artificial intelligence to its portfolio this week. Both firms promise to help banks connect better with customers.
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Joyce Chang of JPMorgan Chase says the combination of artificial intelligence, big data and machine learning will fundamentally transform the kind of information investors use to make decisions.
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New York Life is quietly emerging as a global force in asset management. Credit Yie-Hsin Hung, the CEO of New York Life Investment Management.
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Across asset management, investment banking, capital markets and cards, these finance executives stand out for their performance and for helping to create a path to parity for women in sectors that tend to be even more male-dominated than the banking industry.
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Executives are urging Congress and the White House to prioritize another round of help for businesses amid concerns that the continuing restrictions on reopening could lead to more loan defaults.
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The San Francisco bank reported record loan originations thanks to explosive growth in single-family home loans, and profits beat analysts' expectations.
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The agency had raised concerns in the Obama administration about kickbacks in the marketing pacts between mortgage lenders and other providers, but the agency's recent guidance says the deals are legally viable.
Trump's executive order to create a U.S. sovereign wealth fund raises important questions — as yet unanswered — around funding, governance, political interference and the purpose that such a fund would serve.
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency are officially open to comments on their reform package for the enhanced supplementary leverage ratio.
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Policymakers should ignore the legislative calendar and draft a proposal that will stand up to bipartisan scrutiny, even if it takes time.
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The bureau is threatening to change its stance and classify EWA programs as loans. This is unwise and will harm consumers.
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As virtual assistants become central to banking, financial institutions of all sizes must embrace and leverage this transformation to redefine the customer experience.
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The bank regulator is proposing to strengthen national preemption in the wake of conflicting decisions in related court cases.
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The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.
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Cockroaches, crazy work and shots in the butt: Here are some of the most quotable bank CEOs of 2025.
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Michigan State University Federal Credit Union avoided $2.57 million in fraud exposure through blocking AI deepfake fraud calls with Pindrop products.
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The bank is betting on demand from resource-challenged companies.
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Fifty-four individuals tied to the Tren de Aragua gang face charges for using Ploutus malware to drain millions from community banks and credit unions.
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The Treasury official renewed a pledge to avoid hurting how mortgages trade in a Fox Business News interview as a new study highlighted one way to do that.
A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
The 23rd annual ranking of women leaders in the banking industry.
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