As the chief people officer at Firstup, Sabra Sciolaro leads the organization's strategic initiatives to attract, develop and retain top talent, while fostering a culture of inclusivity, collaboration and innovation. She has a deep passion for people and a commitment to creating exceptional employee experiences. She believes people are at the heart of any organization's success and are dedicated to creating an environment where employees feel valued, empowered and inspired to perform at their best.
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A representative for the bank said JPMorganChase is still dedicated to venture capital investors and new businesses.
May 5
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A federal judge has ordered FDATR, a now-defunct student loan debt relief provider, to pay $43 million in restitution and fees, bucking the trend of cases brought by the Biden administration-era Consumer Financial Protection Bureau being dropped.
May 5
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BNY's chief commercial officer talks about AI, tariffs and her efforts to help create a leaner, meaner bank.
May 5
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The Consumer Financial Protection Bureau under President Trump plans to make changes to the rule governing consumer financial data rights despite rare bipartisan support for the regulation.
May 5
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Treasury Secretary Scott Bessent argued that tight bank regulations are driving the growth of private credit, which he thinks reinforces the case for deregulation.
May 5
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A service outage on Friday at Fiserv affected multiple banks and crippled at least 60 applications for some Fiserv customers, including Early Warning's peer-to-peer money transfer app Zelle. The issue, while resolved, reiterates the importance of bank redundancies.
May 5
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Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
The Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a request for information on a range of payments-related fraud trends in order to develop policy solutions to the rising instances of check fraud.
As the chief people officer at Firstup, Sabra Sciolaro leads the organization's strategic initiatives to attract, develop and retain top talent, while fostering a culture of inclusivity, collaboration and innovation. She has a deep passion for people and a commitment to creating exceptional employee experiences. She believes people are at the heart of any organization's success and are dedicated to creating an environment where employees feel valued, empowered and inspired to perform at their best.
The Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency issued a request for information on a range of payments-related fraud trends in order to develop policy solutions to the rising instances of check fraud.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
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The banks have invested in gen AI and embedded finance, respectively.
August 12 -
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15
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The Consumer Financial Protection Bureau sided with two trade groups in asking a federal court to vacate the medical debt rule. Consumer groups have asked to intervene and a judge has not yet ruled on the motion.
May 1
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A report estimates that the total outstanding supply of stablecoins could grow up to $3.7 trillion by 2030 in Citi's bull case, but more likely $1.6 trillion according to its base case.
May 1
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As Trump's trade war causes politically influenced shifts, the card brand contends it is set to pick up volume in non-American corridors.
May 1
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A government-sponsored enterprise executive shared his take on the financial implications of Federal Housing Finance Agency Director Bill Pulte's initiatives.
May 1
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Global purchase volume — the aggregate dollar amount of purchases made with Mastercard-branded cards — rose to $1.99 trillion, while falling short of analysts' estimates of $2.04 trillion.
May 1
