U.S. District Judge Amy Berman Jackson said the administration must request funds from the Federal Reserve, rejecting a Trump DOJ legal theory.
The Structured Finance Industry Group and Chamber of Digital Commerce will explore ways distributed ledger technology might speed transaction processing and improve transparency.
-
The U.S. suffers from a disproportionately large share of global credit card fraud. Bringing customer authentication methods up to standards adopted in other developed countries would solve much of that problem.
-
The payment company says machine learning is making progress in fighting card testing, which crooks use to determine how ripe a payment account is for theft.
-
In the year ahead, financial services regulatory agencies should take the opportunity to pull back from ideology-driven supervisory decisions and embrace a fact-based approach that will boost the U.S. economy.
The promise of fintech is that it might offer underbanked consumers access to financial products. But some are worried that relying on algorithms to make credit decisions could open up problems of its own.
-
Amid continuing predictions about the demise of conventional money management, Fidelity's Abigail Johnson is making adjustments to keep the business thriving and prove the doomsayers wrong.
-
Even for someone as accomplished as Rebecca Patterson, there are times when a little encouragement is helpful. That's why she keeps a book of quotations from Eleanor Roosevelt by her bedside.
-
Diane Schumaker-Krieg knows firsthand that fear can lead to innovation — and, for her, the beginning of a career in research.
-
The Consumer Financial Protection Bureau's overhaul of its Qualified Mortgage standard is alarming free-market advocates who say it will precipitate a return to easy credit and higher defaults and could disproportionately harm minorities.
-
The company, which recently completed an audit, set aside funds to cover issues tied with a lending program it discontinued last year. The move cleared the way for Sterling to file an overdue annual report with the Securities and Exchange Commission.
-
Low rates and intense competition might lead some banks to ease underwriting standards in 2021, when the economy may not yet have recovered.
The Bank of America branch in Altadena burned down last month. Now the bank must determine whether customers' prized possessions survived.
An error in data submitted to the Consumer Financial Protection Bureau about consumers with no credit record — known as "credit invisibles" — has skewed the agency's reports, showing that the number of Americans without credit histories is half what it was thought to be.
-
The biggest banks need to get creative about the kinds of products and services they offer, and their efforts to attract a broader customer base.
-
Artificial intelligence promises to replace a large percentage of entry-level analysts, call center workers and others, while leaving most senior managers untouched.
-
The FHFA's Home Loan bank report is that rare thing you never see in the nation's capital anymore — a balanced plan on a complex issue that could have lasting impact on a difficult problem.
-
Fifty-four individuals tied to the Tren de Aragua gang face charges for using Ploutus malware to drain millions from community banks and credit unions.
-
Democratic senators are attributing a recent decline in lending activity to a Trump administration regulation that puts new restrictions on borrowers with foreign ownership.
-
Paul Burdiss' departure marks the second time in as many years that the Salt Lake City-based company has switched the CEO of its Utah, Idaho and Wyoming division.
-
A group of 22 Democratic state attorneys general filed a lawsuit against acting Consumer Financial Protection Bureau Director Russell Vought, the bureau and the Federal Reserve, arguing that the administration's position that the CFPB cannot be funded is wrong.
-
ServiceNow, with its largest-yet M&A deal, will fold Armis' threat prevention services into its larger cybersecurity suite.
-
An American Banker survey found that bankers think the industry isn't prepared for growth in artificial intelligence and digital assets.
- 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.
The regulator signed off on the transaction just two months after the banks applied to merge.
The Department of Justice wants Federal Reserve Chair Jerome Powell to state if the central bank is profitable again and can, therefore, fund the Consumer Financial Protection Bureau.
The 23rd annual ranking of women leaders in the banking industry.
-
- Partner Insights from i2c
- Sponsored by S&P Global
- Sponsored by S&P Global













































































