Now that the Consumer Financial Protection Bureau has refused to request funding from the Federal Reserve System, many experts see the case making its way to the Supreme Court.
The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.
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As a senator, the likely Democratic nominee for President championed an agency that did early work on payment technology, setting the stage for a central bank digital currency.
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The big box retailer's move comes amid a broader decline for the traditional payment option.
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The payments company is pulling Cash out of the U.K. as it tries to expand the peer-to-peer app in the U.S.; firms in Hong Kong and Australia try to make stablecoin transactions global; and more.
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The latest in BBVA Compass' ventures with fintech companies will bring it a simpler way to offer investment advice to the millions of households that typically don't qualify for it.
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Johnson Financial Group in Racine, Wis., has agreed to buy the wealth management business of Cleary Gull Advisors.
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First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.
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The OCC said Citigroup's main bank subsidiary violated the Flood Disaster Protection Act by not ensuring that borrowers with homes in flood hazard areas had insurance coverage.
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Director Kathy Kraninger has told lawmakers that the agency will delay the expiration of the so-called QM patch, now set for January 2021.
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People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.
Of the 10 fintech startups that pitched their wares at startupbootcamp FinTech New York on Wednesday, half plan to sell their software to banks. Only a few vie to take on established players.
John "Johnny" Allison, the outspoken chairman and CEO of Arkansas-based Home BancShares, used the company's third-quarter earnings call to endorse the Republican presidential nominee. When asked about that decision, he got confrontational.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., and House Financial Services Committee ranking member Maxine Waters, D-Calif., urged the National Credit Union Administration's Inspector general to look into President Trump's removal of two board members.
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The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.
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Synthetic fraud — which combines real and false identifying information — has been a niche variety of identity theft for some time. But recent advancements in artificial intelligence and people's access to it might bring it into the mainstream in a big way.
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Banks know what they're looking for. Here are key ways to show them that you can bring it to the table.
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As banks change layouts to focus more on customer experience, the ATM company is leaning into AI-powered management and simplified technology sales to keep self-service kiosks relevant.
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The Federal Deposit Insurance Corp. said in its Quarterly Banking Profile report for the third quarter that bank earnings hit 2025 highs as falling provision costs, wider margins and steady credit quality lifted industry profitability.
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The Natural Treasury Employees Union has asked a district court to clarify whether Russell Vought, the acting director of the Consumer Financial Protection Bureau, has complied with a preliminary injunction.
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HoldCo Asset Management alleged in a court filing that Comerica's directors and Chairman and CEO Curt Farmer breached their fiduciary duties to investors, in part because negotiations for the bank's sale to Fifth Third took just 17 days.
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The Consumer Financial Protection Bureau said the new oath was necessary because prior leadership engaged in what it describes as "thuggery" during exams. Former CFPB officials rejected the agency's characterization of past actions.
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Regulators officially ended the high-profile enforcement action over the 2020 breach, a move applauded by security leaders fearing personal liability.
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The country's second-largest bank has unveiled a digital platform for retirement decisions — not on how to save, but how to disburse those savings in a steady, sustainable way.
The financial services firm based in Houston tried to buy a Chicago community bank three years ago as part of a plan to offer traditional banking and digital asset services on one platform. With Illinois state approval secured, it now awaits a decision from the Fed.
The 23rd annual ranking of women leaders in the banking industry.
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