Innovation is critical for community banks to remain competitive in the fast-moving world of digital finance.
New mobile apps let consumers handle personal financial management, pay bills, send money to friends and relatives, watch over their credit, and even fund a small business.
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Stax Payments appointed British financial executive Paulette Rowe as its new chief executive officer, making her one of the few Black women to lead a finance company.
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The fintech is expanding a service that calculates sales taxes worldwide as more small businesses go international to seek new customers.
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British banking app Revolut Ltd. will stop offering crypto trading services to US-based customers from September, citing market uncertainty and changes to the local regulatory landscape.
Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
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A London-based pioneer in commodity exchange-traded funds has quickly made a splash in the United States and says he plans to become a force here.
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When clients confide about a newly diagnosed condition, plans must be adjusted not just financially, but to also ensure that the client's wishes and dignity are protected — while they are still able to voice them.
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State Street Corp., the third-largest custody bank, said it will cut 1,400 jobs beginning this week and trim real estate costs as interest rates near zero erode profit.
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A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.
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A more conservative court will be likelier to rule favorably on issues ranging from the CFPB's leadership structure to what constitutes a fair-lending violation and more.
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Once again, congressional inaction on reauthorizing the National Flood Insurance Program is prompting concerns about what a lapse in coverage could mean for loan closings.
The Wall Street giant did a lot of backtracking last year, abandoning its plans to become a bank for everyone. Now it's refocusing on growing its tried-and-true businesses of dealmaking and asset management.
Federal Reserve Gov. Christopher Waller said the central bank's last framework review was too focused on the post-global financial crisis period and difficult to explain.
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The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.
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It's not just new transaction rails, but the speed of innovation has increased, says Hangar 75's Ian Wilding.
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There's a wide range of uses for decentralized finance and related blockchain tech, says Wirex's Yves Renno.
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Between 2021 and 2025, the Japanese bank SMBC has raised its stake in the U.S. investment firm from 4.5% to 20%.
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The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.
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PayPal, Google and Mastercard in recent days expanded support for agentic AI commerce. Card issuers will need to respond quickly to compete, payment experts say.
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The Treasury Department proposed a rule delaying investment adviser AML requirements to 2028 and sought public comment on implementing regulations for a stablecoin bill passed earlier this summer.
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Euro-area finance ministers agreed on a key step in their efforts to roll out a digital currency, adding impetus to a project that's becoming an important counterweight to US stablecoins.
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AIB was on the verge of collapse when it was bailed out by the Irish government in 2010. Why did its turnaround, which hit a key milestone earlier this year, take so long?
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At a hearing on deposit insurance reform, Republican lawmakers concluded that only the largest banks would oppose a proposal to raise insurance for business accounts to $20 million.
Ferris joined SMBC Nikko Securities America after leading CLO Primary at JPMorganChase.
The 23rd annual ranking of women leaders in the banking industry.
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