House Financial Services Committee ranking member Maxine Waters, D-Calif., blocked a planned joint hearing on a crypto market structure bill amid concerns about the Trump family's conflicts of interest in cryptocurrency.
A TD Bank survey found a massive increase in the ranks of people who talk to ChatGPT about their finances. Ted Paris, the bank's head of AI, says banks still have an opportunity here.
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More than a third of installment borrowers are delinquent, according to new research. Fintechs and the banks that are following them into the market are willing to tolerate the credit risk — for now — because of BNPL’s rapid growth and the fee income from merchants.
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Executives at JPMorgan Chase, Capital One and U.S. Bancorp all spoke this week about plans to take on upstarts that offer interest-free financing on consumer purchases. The increased competition figures to result in tighter margins across the category.
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The consumer app, which was originally distinct from the company's merchant network, can now be used to pay via a QR code.
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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Giant bond fund manager Bill Gross said the global economy is on its way to a new "normal" as delevering, deglobalization and reregulation take hold in the wake of the global financial turmoil.
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Listening to Bryce Carr discuss his doubts about Emprise Bank's new advertising campaign for its wealth management services, one gets an old-school feeling about how business gets done in his market.
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Mutual funds, pensions and endowments are unloading U.S. consumer stocks at the fastest pace in at least 14 years.
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More than a dozen housing groups are urging lawmakers to pass legislation that would grant lenders a formal grace period for implementing new disclosure forms later this summer, arguing that the industry needs greater certainty than the Consumer Financial Protection Bureau has so far provided.
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Bank of America will close drive-up teller windows at a dozen branches in Nashville and reduce in-store hours at an additional group of branches, The Tennessean reported.
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The California Reinvestment Coalition has called for a federal investigation into the foreclosure policies of OneWest Bank in minority neighborhoods.
Tools used by financial regulators to gauge the impact of climate change on the financial system are probably underestimating the potential damage because of incomplete data and inadequate scenario analyses, according to Financial Stability Board, a watchdog group.
With economic storm clouds gathering, Canada's bank regulator is considering stricter capital requirements that some analysts say have the potential to force Royal Bank of Canada, the nation's biggest lender, to sell equity.
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There are several steps bankers can take to help create an environment that supports women in tech, an area historically dominated by men.
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A cloud of biometric authentication is what will transport us to our own, even better version of the real-time payment-enabled future, says Enacomm's Michael Boukadakis.
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One organization's findings reveal that financial counseling, when done right, can also help boost institutions' lending and brand recognition.
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President Donald Trump's shrinking of the Federal Deposit Insurance Corp. and the Consumer Financial Protection Bureau add to bankers' uncertainty into May.
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Fintechs that want to acquire bank charters face multiple obstacles, from increased regulatory scrutiny to stiff competition from established banks.
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The Federal Reserve's preferred inflation reading fell in March, but the positive reading came before new trade policies hit the economy.
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The top five banks saw an average rise in their assets of almost 31% between 2023 and 2024.
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A $24 million single-family provision for credit losses linked to economic uncertainty and changes in actual and forecast home prices weighed down results.
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Inflation-adjusted gross domestic product decreased an annualized 0.3% in the first quarter, well below average growth of about 3% in the prior two years, according to the government's initial estimate.
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McGeogh started in fixed income sales at Salomon Brothers and has led groups in leveraged finance, international securities and global banking. Now, she will lead HSBC's expansion of all businesses in the region.
The Consumer Financial Protection Bureau has chosen to prosecute only a handful of cases as the Trump administration drops other investigations, claiming enforcement is not mandated by the Dodd-Frank Act.
The 23rd annual ranking of women leaders in the banking industry.







































































