The Brazil-based neobank has 122.7 million customers in three countries and is focused on international expansion.
Banks' security investments are rising dramatically as breaches grow more frequent and damaging.
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Investment in machine learning is outpacing consumer interest on the ground. Here's what companies like FIS and Marqeta are doing while waiting for demand to catch up.
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The payments industry produces billions of cards each year, contributing to the massive amounts of plastic that end up polluting the planet. Key players have stepped up to adopt more environmentally friendly options.
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SVB promotes its head of payments infrastructure, Turkey approves Colendi to open a digital bank and more.
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 most wealth managers say transparency in reporting is the name of the game, most are not doing a good job of it, according to a survey by SEI Global Wealth Services.
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New life insurance premiums sold through banks in the third quarter hit $512 million, up from $225 million in the third quarter of 2008, the year the market collapsed, according to Kehrer-Limra.
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The state became the first in the country to ask federal regulators for a temporary waiver, citing a shortage of available appraisers.
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Wells Fargo estimates that in 400 instances, borrowers later went through foreclosure who were improperly denied or not offered a mortgage modification.
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The three credit unions have assets of nearly $638 million and serve more than 53,000 members.
The stable outlook is an indication that — at least for some lenders — the much-feared cycle of cardholders defaulting on their obligations in the wake of the COVID-19 pandemic may not turn out to be so bad.
After the Toronto-based bank faced record penalties in the U.S., it made new disclosures about its anti-money-laundering compliance obligations in Canada, where critics say regulators have been too lax.
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Without rollbacks of existing anti-money-laundering reporting requirements, a measure designed to make Bank Secrecy Act enforcement more risk-focused would do little to ease banks' regulatory burden.
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As businesses accept automation, more innovation is flowing into the market, says Billtrust's Flint Lane.
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The Federal Reserve has kept interest rates low to reduce unemployment and to keep prices stable. But in “Engine of Inequality," Karen Petrou argues that its accommodative stance is actually making the wealth gap wider.
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During the past three years, Menelik has launched CSG services for eight new verticals including one for Native American tribal and corporate banking.
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Skalicky has found new niches, including cannabis-related equipment financing, to grow her community bank.
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As chief credit officer, Chausse oversees credit quality on outstanding loans totaling about $50 billion.
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Kobjerowski has held a variety of positions at FNBO, and said the key to her success is staying curious and constantly learning.
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Stanley oversees 7,000 clients spanning six core businesses worth a combined $14 billion.
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The long-serving CEO's North Star is a commitment and dedication to the community.
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Early Warning Service's peer-to-peer payments network saw payment volume growth accelerate in the first six months of 2025, buoyed once again by small-business payments.
As President Trump calls for scrapping quarterly earnings reports and switching to a six-month schedule, industry observers wonder whether the time saved would be worth the potential loss of transparency.
The 23rd annual ranking of women leaders in the banking industry.
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