The Pittsburgh-based bank said Friday that it will focus on building 300 branches in high-growth markets by 2030. It also minimized the prospects for another acquisition on the heels of its recent deal for Colorado-based FirstBank.
Banks have to know a lot about their customers, who generally trust them to keep personal information secure. Who better to serve as digital identity providers in a post-password world?
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The payment processing firm said that companies will no longer be locked in to processing payments with Stripe in order to access its other products.
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Strong consumer spending and cross-border activity drove an 8% increase in Visa's total payments volume during the first quarter of the year, although Asia's economic recovery is taking longer than expected.
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Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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Private banks and wealth managers must adapt to far higher expectations from clients and a new set of regulations. Those that can't simply won't survive, according to a global survey of senior industry executives.
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"If you get at what someone's underlying values are, the right choices become more obvious," advises the president of one financial coaching firm on dealing with couples.
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The head of the Senate Banking Committee invited the housing secretary to Idaho to discuss low-income housing shortages.
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A new survey from PenFed found that 40% of adults said that personal finances or job stability was the No. 1 factor when thinking about purchasing a home.
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The potential for negative long-term mortgage rates is surfacing around the world, and with global tensions building in the U.S. market, there's a small but growing chance it could happen here, too.
The North Carolina-based bank doubled in size in 2022 and again last year, when it acquired the failed Silicon Valley Bank. It has used consistency to outperform peers.
The government conservatorship of Fannie Mae and Freddie Mac wasn't meant to last forever, but releasing the companies is complicated and should involve a diffident Congress, housing policy experts said during a Federal Reserve Bank of Atlanta housing panel.
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The lack of housing — particularly on the lower price range — is becoming an increasingly urgent political issue. But it's also a twisted bramble of tradeoffs that politicians are reluctant to touch.
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Nothing demoralizes a good employee like seeing managers tolerate a bad one.
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Reducing access to funding would harm both homebuyers and communities across the country.
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The credit union fintech and core provider partnered to launch three new agentic AI-powered tools for credit unions that work with existing systems.
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As Standard Chartered boss Bill Winters says cash will soon fully give way to digital currency, Western Union, Worldline, Coinbase and Ripple entered separate collaborations to bring digital assets to wider audiences. That and more in the American Banker global payments and fintech roundup.
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At its first investor day in a decade and a half, the nation's second-largest bank pegged its guidance for return on tangible common equity at a slightly higher level than what it reported last quarter. Not all investors were impressed.
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Voters across the country swung hard to the left in yesterday's off-cycle elections, showing an acute interest on affordability issues ahead of the 2026 midterms.
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Despite record loan applications, Upstart's AI pulled back, causing a revenue miss and raising "incremental uncertainty" about its core underwriting model.
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The megabank is cooperating with a government request for information related to how it decides which customers to bank. It is the second large U.S. bank — along with Bank of America — to disclose such a probe.
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The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
The Consumer Financial Protection Bureau is rescinding two rules issued under former CFPB Director Rohit Chopra that required nonbanks to register court orders, plus terms and conditions of contracts.
The 23rd annual ranking of women leaders in the banking industry.
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Partner Insights from Naehas - Partner Insights from VantageScore Solutions
- Partner Insights from VantageScore
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Partner Insights from VantageScore
