Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.
-
Federal Reserve Chair Jerome Powell said during his regular press conference Wednesday that the process of determining tariff-related price increases was always going to be slow, but it has taken longer than he expected.
July 30
-
A report Wednesday detailed Scattered Spider's advanced social engineering tactics and the escalating threat the group poses to financial institutions.
July 30
-
12 states have laws governing earned wage access, also known as on-demand pay, and while many follow similar general guidelines, small – yet critical – distinctions are emerging with each new regulation.
July 30
-
The largest bank in Missouri, which completed the acquisition of Heartland Financial USA early this year, is on track to switch Heartland's systems over to UMB's systems in mid-October. The conversion should help realize "the next big slug" of expense savings, UMB's CFO said.
July 30
-
Northeast Bank and its fintech lending partner Newity have engineered a surge in 7(a) loans that has helped the Portland, Maine-based bank boost profits as tightened regulatory standards made the loans harder to get.
July 30
-
Many of the 100 banks in the BankTech Ventures consortium have expressed interest in using the data-sharing network.
July 30
-
The GENIUS Act in the U.S. and MiCA in the EU are creating a path to the mainstream for digital assets, while Britain won't have crypto regulation until 2026.
July 30
Rodney Bolden, Executive Director, is the Head of Industry Engagement and Learning for Morgan
Stanley at Work. In this role, Rodney works with a variety of industry organizations to develop and
present thought leadership research on current trends in workplace financial benefits. Additionally,
Rodney is the host of the award-winning 1 Morgan Stanley at Work Invested at Work Podcast. He is also
the Chairperson for the Employee Benefit Research Institute's Diversity, Equity & Inclusion Council.
President Trump posted a letter on social media addressed to Federal Reserve Gov. Lisa Cook, informing her that he was terminating her due to allegations of mortgage fraud. The move is likely to tee up an unprecedented legal fight over the Fed's independence.
Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
Rodney Bolden, Executive Director, is the Head of Industry Engagement and Learning for Morgan
Stanley at Work. In this role, Rodney works with a variety of industry organizations to develop and
present thought leadership research on current trends in workplace financial benefits. Additionally,
Rodney is the host of the award-winning 1 Morgan Stanley at Work Invested at Work Podcast. He is also
the Chairperson for the Employee Benefit Research Institute's Diversity, Equity & Inclusion Council.
President Trump posted a letter on social media addressed to Federal Reserve Gov. Lisa Cook, informing her that he was terminating her due to allegations of mortgage fraud. The move is likely to tee up an unprecedented legal fight over the Fed's independence.
Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.
Rodney Bolden, Executive Director, is the Head of Industry Engagement and Learning for Morgan
Stanley at Work. In this role, Rodney works with a variety of industry organizations to develop and
present thought leadership research on current trends in workplace financial benefits. Additionally,
Rodney is the host of the award-winning 1 Morgan Stanley at Work Invested at Work Podcast. He is also
the Chairperson for the Employee Benefit Research Institute's Diversity, Equity & Inclusion Council.
President Trump posted a letter on social media addressed to Federal Reserve Gov. Lisa Cook, informing her that he was terminating her due to allegations of mortgage fraud. The move is likely to tee up an unprecedented legal fight over the Fed's independence.
Bank industry advocates, housing groups and CRA veterans say the rule is overly complexity and burdensome, but even they agree pre-approving CRA-eligible activities was a good idea.
Alan Childs pleaded guilty to using straw borrowers and falsified loan records to help a timber businessman secure millions in fraudulent loans.
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.
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.
- Richard Cordray, the first director of the Consumer Financial Protection Bureau, says the Trump administration seems intent on shutting the agency down, even though it has a legal mandate to exist.Sponsored by IntraFi
- Crypto-as-a-service, stablecoins and tokenized deposits all present opportunities for banks, according to Nathan McCauley, co-founder and CEO of Anchorage Digital.Sponsored by IntraFi
-
The largest bank in Missouri, which completed the acquisition of Heartland Financial USA early this year, is on track to switch Heartland's systems over to UMB's systems in mid-October. The conversion should help realize "the next big slug" of expense savings, UMB's CFO said.
July 30 -
Northeast Bank and its fintech lending partner Newity have engineered a surge in 7(a) loans that has helped the Portland, Maine-based bank boost profits as tightened regulatory standards made the loans harder to get.
July 30 -
Many of the 100 banks in the BankTech Ventures consortium have expressed interest in using the data-sharing network.
July 30 -
The GENIUS Act in the U.S. and MiCA in the EU are creating a path to the mainstream for digital assets, while Britain won't have crypto regulation until 2026.
July 30 -
A FICO survey shows 33% think exaggerating income on credit applications is acceptable. Ironically, many also prioritize strong fraud prevention from banks.
July 30
