A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
The Cybersecurity Information Sharing Act, which has advanced far on Capitol Hill, promises to help businesses and government thwart cybercriminal attacks. But privacy advocates say the bill would make misuse of consumer data even easier.
-
In the news this week: A consumer group filed a complaint against Starbucks over its mobile app and reloadable gift cards, Apple Pay added a new payment tech firm, The Clearing House hired Amanda Stewart as its new marketing chief, and more.
-
These executives have taken charge at firms like PayPal, Discover and Early Warning Servcies during a volatile time for the entire industry.
-
The governor's proposed license for buy now/pay later lending adds momentum to the efforts to rein in the fast-growing and unregulated product.
CEO Max Levchin said the lender is testing technology that allows merchants to perform more advanced testing of promotional financing offers.
What lies ahead for the banking industry this year? Here's what analysts and investors are tracking after the latest bank earnings reports.
The Federal Reserve chair said banks are well situated to handle risks related to crypto customers, but added that regulatory scrutiny of banks' direct engagement with the assets will be greater than for simple custody arrangements.
-
Banks have been barred from trading on their own account for almost a decade because Congress wanted to quash any potential conflict of interest. They should hold themselves to the same standard.
-
Small-business owners who can't get loans from traditional sources need alternative ways to access capital.
-
How many more decisions will CFPB Director Rohit Chopra make without appropriate stakeholder input?
-
The firm's 'management-as-a-service' philosophy fuels Ferris' achievements.
-
A penchant for asking questions led to Cheslin's promotion to managing director.
-
Levine built BNP Paribas' cash equities business three years ago and now trades billions of dollars daily for clients.
-
In her role, Honeycutt has to challenge business line leaders to ensure the bank's capital is deployed appropriately.
-
Naroditsky is leading initiatives that combine how faster payment processing improves the bank's delivery of products through partners.
-
Sherwood leads direct-to-consumer auto and personal loans, cards and secured lending at the bank where she's spent her whole career.
-
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.
In an expanded partnership announced Monday, the card network and payment fintech will enable hundreds of millions of consumers and tens of millions of merchants to use new forms of artificial intelligence for shopping and payments.
Small businesses are the backbone of our economy and as their needs evolve, financial institutions must evolve with them.
The 23rd annual ranking of women leaders in the banking industry.
- Sponsor Content from PrecisionLender
- Sponsor Content from Atos
- Sponsor Content from Donnelley Financial
- Sponsor Content from Donnelley Financial