New York Attorney General Letitia James warns that scammers are coaching victims to bypass bank security and using "second act" schemes to steal more.
Wells Fargo joins the list of banks recently hobbled by tech outages. Is there a better response than "Sorry for the inconvenience"?
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The card network said inflation remains in check and any impacts of Capital One moving cards to the Discover network will be muted and delayed until 2026.
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Noelle Acheson outlines the key blockchain innovations for payment programmability, and highlights their advantages and their risks.
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Block, which maintains its original Square brand for its business-focused products, is offering easier access to cash advances for small businesses. Also, Amex and Mastercard expand their virtual card strategy; and more in the American Banker global payments and fintech roundup.
WaFd Bank is using conversational artificial intelligence to make the contact center and online chat experience smoother for both customers and agents.
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A poll from AmOne indicates consumers aren't optimistic about their prospects for retirement.
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TruMark Financial Credit Union raised money for financial literacy with a kiss-a-pig event while other institutions donated to causes such as a food program.
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Regulators have long warned the credit bureaus about deceptive marketing that causes consumers to sign up unwittingly for paid monitoring services. But the practice has persisted, according to complaint data.
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The troubled lender could fail, get rescued by the nation's largest banks or muddle through as a zombie bank. Federal regulators and the big banks will have to decide which is the least bad option.
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The groups also want regulators to downgrade the Cleveland bank's rating under the Community Reinvestment Act. The demands represent an escalation of a dispute over whether Key fulfilled promises it made under a 2016 community benefits agreement.
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Consumers are receiving demand letters on loans they have not had any communication about in at least 10 years, the regulator said.
Eagle Bancorp in Maryland took a major quarterly loss due to challenges in its office loan portfolio. It's one of many banks working to trim down their commercial real estate loan books.
The Consumer Financial Protection Bureau is considering a proposal to reduce its oversight of auto finance lenders, saying the benefits of supervision may not justify the "increased compliance burdens."
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To effectively reduce fraud, banks must transition to proactive, integrated strategies encompassing robust risk management and asset liability management.
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Women in the payments industry are using the advent of real-time payment networks to help underserved women around the world gain access to vital financial services.
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Banking relies far too much on human relationships and trust for it to hand over essential questions about perception and judgement to artificial intelligence. The need for human bankers will always exist.
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The Federal Housing Finance Agency and Ginnie Mae agreed to look more closely at credit line use, according to the Government Accountability Office.
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A Washington court denied a plaintiff request, pointing to past Supreme Court rulings that showed a compelling interest for the state's special-purpose credit program.
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In 2025, compensation for the chief executives at four of the largest U.S. banks jumped by between 10% and 28%. The increases reflect strong financial performances, the achievement of certain milestones and the competitive landscape, a compensation consultant said.
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Block's merchant unit is deploying a virtual assistant to sweeten its offer to merchants, while Amazon pushes Pay by Bank. Plus, Zelle reaches a milestone and more in American Banker's global payments and fintech roundup.
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The lender beat fourth-quarter earnings estimates but warned that a strategic shift toward auto and home equity loans will compress near-term profits.
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In a major setback for banks and credit card networks, a federal judge upheld an Illinois law that bans the collection of interchange fees on sales tax and tip portions of card transactions. Banks are expected to appeal the ruling.
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Following a massive earnings miss three months ago, the bank-technology seller on Tuesday reported signs of stability and an embrace of new payments and financial services technology.
Beast Industries, owned by the YouTube star known as MrBeast, has acquired the Gen Z-oriented financial wellness app Step.
The 23rd annual ranking of women leaders in the banking industry.
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