The Bureau of Labor Statistics reported that the economy grew 177,000 jobs in April, beating expectations and giving the Federal Reserve little reason to adjust interest rates in the near term.
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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As people more heavily use exchanges and other providers of digital-asset-related services, they're registering more beefs with the Consumer Financial Protection Bureau, too. Experts say it's only a matter of time before the agency invokes its broad authority to police the sector.
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If the new Facebook Pay feels underwhelming compared to the social network's past efforts, that's by design. It's now taking a slower approach that could help overcome the privacy concerns that plagued earlier projects.
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The blockchain company's new lead on the Continent, Sendi Young, discusses its plans to foster real-time and cross-border transactions between banks and fintechs in ways that aren't possible on legacy networks.
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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While some banks jettison fund units that fail to achieve at least $5 billion under management, Huntington Bancshares has spent the past nine years nursing its own.
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UBS AG of Zurich said it has hired more than 20 senior bankers from competitors including Merrill Lynch & Co. and Goldman Sachs Group Inc. to strengthen its fixed-income unit.
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Lending and access to banking services in distressed neighborhoods has risen as a result of "mission-oriented" banks, according to a new report from the National Community Investment Fund, an advocacy organization.
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Fannie and Freddie will have more room to finance affordable rental housing, but it is unclear if it's enough to prevent possible disruptions later this year.
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Mercury Network, the mortgage lender and appraisal management company software unit of a la mode, was acquired by private equity firm Serent Capital, the companies announced Thursday.
The global climate coalition said in a new report that its members maintain "independent investment decision-making" authority after some U.S. banks grew concerned about legal exposure to rules requiring the phaseout of fossil-fuel investments.
The four banks agreed to pay $499 million and also cooperate in the litigation against Bank of America Corp., the sole remaining defendant.
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A regulatory proposal to ease the initial margin buffer on certain derivatives trading could be harmful to the economy.
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Determined hackers can always find a way. A detailed plan can manage the damage, says Datamatx's Scott Stephens.
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If banks and customers take steps to quickly adapt to the change now, the benefits will soon be realized, says Sage's Adam Prince.
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In the megabank's latest sign of progress with regulators, it said that a 7-year-old CFPB order has been terminated.
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Two Democratic members of the National Credit Union Administration board of directors are suing the Trump administration for wrongful dismissal, a suit that could have implications for the Federal Reserve and Federal Deposit Insurance Corp.
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After the Washington bank's rocky integration with Umpqua, investors are wary of its plan to acquire Pacific Premier Bancorp in Southern California.
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President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.
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Global fintech funding broke $10 billion in the first quarter of 2025 due to increased investment in artificial intelligence and digital asset funding rounds like the $2 billion Binance deal.
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As the president's policy changes on a dime, machine learning can quickly alter strategies for compliance, payments and supply-chain management.
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The first year of Otting's tenure as the New York lender's CEO brought substantial change, but the job isn't done. His goal: to build a powerhouse, profitable regional bank.
Visa and American Express are both reportedly trying to lure Apple's lucrative credit businesses away from Mastercard. But the battle over processing rights is just as much about accessing the technology company's digital wallet as it is about boosting transactions.
The 23rd annual ranking of women leaders in the banking industry.
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