The lawmakers suggest ties between the former Binance chief and the Trump family could have led to the pardon.
The blockchain could move from testing to reality, APIs are likely to expand, and more functions will move to the cloud as banks look for ways to fend off fintechs in 2016.
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American Banker's Most Influential Women in Payments share their views on artificial intelligence, hybrid offices, real-time payments and more.
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Honorees from 2024's Most Influential Women in Payments, representing companies such as MoneyGram, Walmart, Segpay and more, share insights into how how artificial intelligence is changing their companies and their industry.
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Tipalti, Stax and Stripe are among those using new artificial intelligence tools as digital helpers for staff. The specifics vary based on each company's mission and level of comfort with the technology.
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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Retail investors have access to a lot of information about the municipal bond market. Maybe too much information?
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Bank of America Corp. took a risk when it recently launched Merrill Edge, an online, call-center and branch-based brokerage poised to compete with discount brokers, but it said that gamble is paying off.
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Fiserv Inc. said it is improving its wealth management offerings through a partnership with LifeYield LLC.
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The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
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A new study from CUNA Mutual Group shows CUs ended March with tepid growth in membership and auto and real estate loans compared with a year earlier.
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Recent letters from NAFCU and CUNA called on the Consumer Financial Protection Bureau to provide a carve out in its payday lending rule for loans made by credit unions.
The San Francisco bank's interest expenses continue to rise as depositors switch to higher-yielding options. At the same time, soft loan demand from business customers is putting a lid on how much interest Wells is collecting from borrowers.
Banco San Juan Internacional argues recent comments from Federal Reserve Chair Jerome Powell raise questions about the central bank's handling of master accounts.
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One year after from President Biden's executive order on Section 1033 of the Dodd-Frank Act, there has been no discernible progress.
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Any limitations on the distribution of pandemic relief and other payments are the result of instructions from the IRS, or the Federal Reserve's failure to operate a 24/7 payments system — and not shortcomings of the automated clearing house network, writes the head of Nacha.
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A board member of the National Credit Union Administration urges vigilance against threats that many institutions ignore at their peril.
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Robert Hartheimer's arrest comes at a time when the bank is trying to recover from a consent order and the Synapse mess.
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Boston-based Eastern Bankshares is focused on organic growth, but it would "evaluate the opportunity" for M&A if a deal presents itself, its CEO said Friday. The comments came four days after an activist investor criticized the bank's recent M&A transactions.
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There are regulatory and technology efforts to reform international payments, but it's a multifaceted, long process. Swift, The Federal Reserve, and fintechs like Wise and Revolut are pushing potential solutions. Here's what banks need to know.
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The Bureau of Labor Statistics released its latest Consumer Price Index reading Friday morning, showing inflation rose by 0.3% in September, slightly below August's pace. The report also found core inflation steady at 3.0%, even as shelter costs eased and gasoline prices spiked.
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Some customers reportedly complained about getting locked out of their accounts after signing up for the bank's new Strata Elite credit card. "We feel like we have done the right thing for all of our good customers," Pam Habner, Citi's head of U.S. branded cards, said Tuesday.
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The Long Island-based bank hasn't been profitable in eight quarters, but executives maintain that it's on the right path, citing more loan book diversity, lower expenses and an improved margin.
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Community banks and state banking groups are seeking structural reforms rather than a simple coverage increase.
The payments division of the country's largest bank posted $4.9 billion in revenue in the third quarter as transaction volumes in merchant services outpaced volume in 2024.
The 23rd annual ranking of women leaders in the banking industry.
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