The all-stock acquisition of Mountain Commerce Bancorp in Knoxville marks the Arkansas-based company's first M&A foray since 2022.
Our FinTech Forward Companies to Watch are helping banks step up their game by offering virtual assistance, better money management tools and other solutions.
-
As the Consumer Financial Protection Bureau increases scrutiny of earned wage access, cash-back fees and airline rewards, industry lobbyists are pushing back, while some groups cheer the move.
-
Crooks can use deepfakes and other machine learning tools to circumvent traditional authentication security methods. Payment experts discuss how firms can protect themselves.
-
The payment company is enabling consumers to stack multiple cash-back offers as a way to lure consumers to its alternative digital wallet.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
-
Though several banks have begun automating financial advice for smaller investors, some are also providing more personalized services such as counseling family members who have suddenly inherited a fortune.
-
People's United Financial in Bridgeport, Conn., has agreed to buy a New York wealth-management firm.
-
Morgan Stanley outlined its plans for deploying automated advice tools, with executives emphasizing that it was only a part of its digital strategy.
-
Stress and exhaustion are catching up to lenders and call center employees helping customers grapple with the coronavirus pandemic.
-
The nation's largest bank is temporarily reducing its exposure to the mortgage market amid rising unemployment and estimates that home prices could drop by 10%.
-
The National Credit Union Administration is giving lenders and borrowers extra time to complete appraisals to ensure mortgages are still being completed despite the pandemic.
Andy Sieg, head of Citi's wealth business, says retention bonuses are part of his growth strategy.
Federal Reserve Gov. Michael Barr said tariffs could have an outsize impact on small businesses and hardships could outlive the trade policy debate.
-
Brokered deposits had nothing to do with this year's bank failures, and regulators shouldn't pretend otherwise.
-
Regulators and the public are still concerned about the condition of the banking system. Bankers can't afford to look away.
-
Artificial intelligence is on the cusp of solving some of the most chronic problems facing bank managers. They need to embrace it.
-
Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average.
-
Circle's Dante Disparte and Block's Owen Jennings discuss how blockchain, crypto and AI can combine to open new lanes for international commerce. Payment experts say banks need to play catch up.
-
Congress' recent ban on nearly all forms of intoxicating hemp products signals a sharp political turn away from rescheduling, making the prospects for cannabis banking reform even more dim than they already were.
-
After two successful international expansions, Junqueira aims to bring Nubank's products to U.S. consumers even as the neobank faces strong competition from U.S.-based banks and fintechs.
-
While banks welcome the "whole-of-government" approach that led the effort, private sector takedowns remain difficult without federal warrants.
-
A group of European banks have formed Qivalis, which expects to launch its coin in early 2026 as a counter to the U.S. dollar-led market. Plus, Singapore regulators give Ripple permission to expand and other news in the global payments and fintech roundup.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI.
- PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours.
- Best of the WeekFridayThe most important and widely read stories from the previous week.
Eight months after Green Dot embarked on a review of its strategic alternatives, the fintech said it will sell its banking operations to CommerceOne Financial and sell its fintech platform to Smith Ventures. Both buyers are linked to Alabama businessman Bill Smith.
The New York bank already offers tokenized deposits, which allows global clients to move money around the world instantly, and it's building a crypto custody platform.
The 23rd annual ranking of women leaders in the banking industry.
-
Sponsor Content from Equifax -
Sponsor Content from Equifax -
Sponsor Content from Equifax -
Sponsor content from Equifax
