FirstSun Capital Bancorp plans to buy First Foundation in an effort to accelerate its Southern California growth. The $785 million transaction follows FirstSun's failed takeover of Seattle-based HomeStreet.
OpenFin, a devotee of open source software, has raised $15 million in Series B funding to fuel staff expansion, business development and new products.
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Donald Trump's ascension to the presidency creates regulatory uncertainty, but Block's CEO says the company hopes for more clarity for bitcoin and is developing technology to be flexible.
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The U.K. international money transfer firm posted strong earnings and said its regional diversification can offset the rise of isolationism in specific markets. Ingenico adds technology to enable cryptocurrency payments, and more. Here's what's happening in the world of payments.
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In a tough market for fintechs, Brex, Green Dot, Marqeta, and others are looking for ways to connect their clients to services outside of banking, a strategy that comes with regulatory risk.
CariClub crunches employee data to connect young banking professionals with nonprofits on the hunt for junior directors.
Florida-based Amerant Bancorp recently restructured its securities portfolio after selling its Houston branches.
The Federal Reserve chair said there is "room for improvement" in how the central bank conveys economic uncertainties to markets and the public.
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Opponents of the proposed capital rule offer many arguments as to why it will be a disaster. The trouble is, they're all wrong.
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Who counts as a politically exposed person, or PEP, is different in different jurisdictions. Uniformity in the identification of people considered a higher risk for money laundering would ease compliance headaches for everyone.
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Despite widespread impressions that the economy is proving resilient and a "soft landing" is possible, banks are decidedly pessimistic about the economy.
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The North Carolina bank is the latest lender impacted by the bankruptcy of U.S. auto parts maker First Brands. First Citizens executives said credit was in good shape overall.
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The agents could overcome the consumer inertia that keeps people in low-yield bank accounts, the consultants say.
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The credit card issuer added two programs with home goods retailers Raymour and Flanigan and Bed Bath and Beyond during the quarter while also increasing its stock buyback allocation and dividend payouts.
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A cohort of more than 100 Republican members of Congress sent a letter to Treasury Secretary Scott Bessent urging the administration to protect and fund a community lending program that has been gutted despite its legal mandate and Bessent's backing.
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The company's software automates much of the process of getting money transmitter, lending and other types of licenses.
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The company is leveraging its bank charter and strong customer acquisition, with app logins up nearly 50% from borrowers.
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Former Comptroller of the Currency Eugene Ludwig has written a book called The Mismeasurement of America that lays out the shortcomings of the standard economic data that U.S. government and businesses use to make decisions, and how this data obscures the truth about how low-income Americans are actually faring.
The path to a fully digital banking future is paved by AI and the key to success lies in building trust among customers and delivering value through AI-powered experiences.
The 23rd annual ranking of women leaders in the banking industry.
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