The bank is the custodian for Anchorage's stablecoin platform, it's thinking of issuing its own and it's relaunching bitcoin custody, among other efforts.
The Fintech Sandbox an accelerator of sorts for startups has attracted ten data providers and eight fintech startups in two months. But it's still missing what it needs most: bank members.
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After three decades of relying on large retailers like Macy's to promote its private-label credit services, the bank is taking its point-of-sale financing to smaller merchants via platforms like Shopify.
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Five years after going public, with growth slowing and the stock trounced, losing 57% in just the last three months, investors are demanding a clear blueprint for how Adyen can get its mojo back.
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NCR Atleos and Diebold Nixdorf are signing deals that grant access to other industries and regions where there's demand for self-serve cash access — with additions such as artificial intelligence and better security.
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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The sudden departure last week of Deborah McWhinney from her role as head of Citigroup's personal banking and wealth management unit raises many questions.
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Goldman Sachs Group Inc. will shut its Global Macro Proprietary Trading desk, a person with knowledge of the decision said.
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Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.
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A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage.
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The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.
First Busey closes acquisition of Merchants and Manufacturers Bank; Stax co-founders launch a new credit-scoring tool; UMB's marketing chief takes on consumer banking; and more in the weekly banking news roundup.
The FEMA-operated program has over 4.7 million policies in force, and lawmakers have kept it intact via dozens of short-term extensions since 2017.
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The Federal Deposit Insurance Corp., which has responded effectively to many external crises, has no playbook for addressing this internal battle on its own.
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The use of artificial intelligence and machine learning in financial services, while promising, is not without risk. It's on federal regulators to ensure that algorithms relied on by banks and credit unions aren't harming businesses and consumers.
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A few changes to underwriting rules could result in a huge opportunity for both lenders and minority women who own businesses.
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Public sector banking doesn't have a line on Citi's income statement. But Monaco's global influence is threaded throughout the bank's work with government finance ministries, central banks and other sovereign entities.
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Clients want payments in real-time, so Barker is leaning into RTP and FedNow. She's also all-in on treasury services powered by AI and analytics.
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Under Stewart's leadership, the bank's commercial banking services gained 8% year-over-year growth in middle-market loans.
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Legal experts say the Supreme Court's decision not to immediately rule on a request to remove Federal Reserve Gov. Lisa Cook from office suggests that, whatever the court's views on independent agencies may be, it views the central bank differently.
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For the fifth consecutive year, Fraser is American Banker's Most Powerful Woman in Banking. The CEO, who is nearing her fifth anniversary in the job, remains keenly focused on generating higher revenues, cutting expenses and closing the profitability gap with peers.
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The Office of the Comptroller of the Currency Monday said it will scrap fair housing reporting requirements, fast-track licensing for small banks and simplify regulation for smaller institutions overall.
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Since joining HSBC in 2023, Oden has been focused on expanding its wealth business in the U.S.
Knowing what to acquire and what to let go are proving to be growth engines for S&P, and Cheung's just getting started.
The 23rd annual ranking of women leaders in the banking industry.
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