The imperative is to keep one eye on the business, and the other eye on talent. The former is fed by the latter.
To identify the fintech startups deserving of special recognition this year, a team of American Banker editors, BAI staff and consultant Jeanne Capachin debated the merits of self-nominees and companies we know. These are the ten that matter for 2015.
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A member of the European Central Bank's board said private sector digital coins like PayPal's could harm competitive balance, Santander makes candy harts with romance scam slogans, and more.
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From hidden fees to misleading marketing, small businesses face too many challenges when making and receiving cross-border payments.
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Central bank digital currencies may be years away in larger countries, but payment companies are building international networks now. Here's why.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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A survey by TD Ameritrade shows that independent registered investment advisers are worried about the time and money associated with pending regulatory changes.
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Assets in U.S.-listed exchange-traded funds and exchange-traded products surpassed $1 trillion for the first time, reaching $1.027 trillion on Dec. 16, BlackRock said.
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JPMorgan Chase & Co. held onto its lead in global investment banking revenue in 2010, followed by Bank of America Corp. and Goldman Sachs Group Inc., according to preliminary yearend data released Tuesday by Dealogic.
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A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis.
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New investor appetite for mortgages over $1 million is motivating more nonbank lenders to offer super jumbo loans, often with weaker credit terms than traditional banks.
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The Michigan company had been operating under the supervisory agreement since 2010.
Brandon Milhorn, the new CEO of the Conference of State Banking Supervisors, used the platform offered by his first major speech to sound an alarm against one-size-fits-all solutions emanating from Washington. "The pendulum has swung too far in the direction of federal regulatory uniformity," Milhorn argued.
As the Biden administration comes to a close, the agency called out "bait-and-switch tactics" by card issuers. It also announced a new tool allowing consumers to comparison shop for credit cards.
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There are too many security, usability and reliability risks for QR codes to be the main driver of transit payment. NFC is likely better, says Carlypso Networks' Philippe Vappereau.
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Banks' family leave policies need to evolve with a new workforce that increasingly views fathers as equal caregivers.
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The Mojaloop Foundation's Adama Diallo and Paul Hunter argue open, affordable real-time payments systems have the potential to include all and help turn underserved women into the newly served, enabling them to become economically active.
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The digital asset tech provider, which recently raised $140 million, will power Morgan Stanley's E*Trade crypto offerings early next year.
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A new industry standard from the Cloud Security Alliance aims to solve major security challenges for companies that rely heavily on cloud-based operations.
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PayPal agrees to a $7 billion BNPL loan purchase agreement with Blue Owl Capital, while Revolut, which is building a financial superapp, is looking for permission to offer more banking products. That and more in the American Banker global payments and fintech roundup.
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The American Bankers Association's Economic Advisory Committee expects the economy to grow, albeit at a slower pace than it previously anticipated. The group pointed to stubbornly high inflation and a weakening job market.
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The president is charging $100,000 for H-1B visa petitions that allow skilled workers to migrate to the U.S. Here's a look at the impact on banks and payment firms.
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With a risk-based capital percent double what's considered well-capitalized, Cai-Lee is thriving in her goal of building a financial institution for the next generation of small and medium-sized businesses – while grappling with an FDIC consent order.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
The 23rd annual ranking of women leaders in the banking industry.
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