Revolut served more customers than HSBC last year. The British fintech aims to launch its Mexican bank in the coming months.
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The ABA, BPI and SIFMA are among the groups asking Sacks to make it easier for banks to engage in crypto-related activity.
February 24
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Community Bankshares has launched a unit that is originating Small Business Administration 7(a) loans for itself and aims to service them for other small lenders around the country.
February 24
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Lazarus Group, hackers based in North Korea, tricked Bybit CEO Ben Zhou into approving a transfer of 400,000 ethereum tokens from his company's cold wallet.
February 24
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The state legislature has passed a bill that would remove exceptions to a 12% interest rate cap that would make many alternative forms of lending infeasible. It sits on the governor's desk, awaiting signature.
February 24
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The student aid startup founder is accused of securities fraud, wire fraud, bank fraud and conspiracy.
February 24
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.
Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.
As criminals embrace new tools to exploit payment systems, Visa reports that older methods like enumeration and digital skimming are still thriving.
Andrea Ramirez is the senior director of the care team at Empathy, where she leads a dedicated group of professionals helping families navigate the challenges of bereavement. With a background in people operations and a commitment to compassionate leadership, Andrea is passionate about fostering work environments that prioritize well-being and empathy.
Revolut served more customers than HSBC last year. The British fintech aims to launch its Mexican bank in the coming months.
Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.
As criminals embrace new tools to exploit payment systems, Visa reports that older methods like enumeration and digital skimming are still thriving.
Andrea Ramirez is the senior director of the care team at Empathy, where she leads a dedicated group of professionals helping families navigate the challenges of bereavement. With a background in people operations and a commitment to compassionate leadership, Andrea is passionate about fostering work environments that prioritize well-being and empathy.
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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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 -
Staking activities and stablecoins are two of the possible ways banks could have a role in decentralized finance, said Margaret Butler, head of the financial services practice at the law firm BakerHostetler and Kristiane Koontz, director of Treasury Services and Payments at Zions Bank, in interviews recorded at the Digital Banking Conference in June.
July 1
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The Ark Invest founder said the fluctuation in the crypto market is healthy. "Bitcoin's in a four-year cycle and we're through a little more than half of it," Wood said.
February 21
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Senior Republican House Financial Services Committee lawmakers in a letter to the Federal Deposit Insurance Corp. gave a series of recommendations that they said would combat so-called "debanking."
February 21
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Federal Reserve Vice Chair Philip Jefferson said clearer Fed communication and better text analysis has made monetary policy transmission more efficient, but noted that the central bank must remain diligent in how it communicates forward monetary policy guidance.
February 21
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The New York-based institution tapped the former Republic First CEO to help oversee its transformation from a predominantly multifamily lender into business bank.
February 21
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The payments company, which is unifying parts of its operation to deepen its reach with consumers and businesses, saw its stock fall more than 10% after reporting mixed earnings, though analysts are more bullish on the company's future.
February 21
