The all-stock acquisition of Mountain Commerce Bancorp in Knoxville marks the Arkansas-based company's first M&A foray since 2022.
Companies climbing the FinTech Forward ladder lead on issues banks care about most including mobile, omnichannel and big data.
-
The bank's acquisition of embedded finance firm Rize Money and collaboration with open banking firm Trustly will enable the bank to grow real-time processing, account-to-account transfers and address emerging compliance challenges.
-
As the toll of financial crime rises, the card network is attempting to boost its fraud-fighting game by buying threat intelligence firm Recorded Future.
-
The card network is building a model for account-to-account payments, which are gaining popularity, while Swedish regulators criticize Klarna's money-laundering prevention efforts. That and more in American Banker's global payments roundup.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
-
Hedgeable sees the peer-to-peer business and personal loans as an alternative to fixed-income investments that are traditionally offered through exchange-traded funds.
-
State Street's cost-cutting plan began to pay dividends, as the Boston company's second-quarter profit rose sharply on lower expenses.
-
Though several banks have begun automating financial advice for smaller investors, some are also providing more personalized services such as counseling family members who have suddenly inherited a fortune.
-
Federal backing for firms facing a deluge of missed mortgage payments is still on the table despite recent comments by an official who questioned the need to help the industry.
-
Wells Fargo tells business clients to consider other banks for emergency loans; JPMorgan Chase is temporarily reducing its exposure to the mortgage market; how TD Bank got a head start on pandemic preparations; and more from this week's most-read stories.
-
Stress and exhaustion are catching up to lenders and call center employees helping customers grapple with the coronavirus pandemic.
Median growth among small U.S. lenders was 1.2% for the third quarter. Bankers are hoping lower interest rates will boost demand, but borrowers aren't jumping.
Questions remain whether Trump can legitimately remove board members from the National Credit Union Administration, and the answers lie in the courts.
-
The proposed rule would make it virtually impossible for lenders to enter into routine hedging transactions.
-
Brokered deposits had nothing to do with this year's bank failures, and regulators shouldn't pretend otherwise.
-
Regulators and the public are still concerned about the condition of the banking system. Bankers can't afford to look away.
-
Bank of America was the leader in this study, with Rocket as the only nonbank mortgage lender which got a score higher than the industry average.
-
Circle's Dante Disparte and Block's Owen Jennings discuss how blockchain, crypto and AI can combine to open new lanes for international commerce. Payment experts say banks need to play catch up.
-
Congress' recent ban on nearly all forms of intoxicating hemp products signals a sharp political turn away from rescheduling, making the prospects for cannabis banking reform even more dim than they already were.
-
After two successful international expansions, Junqueira aims to bring Nubank's products to U.S. consumers even as the neobank faces strong competition from U.S.-based banks and fintechs.
-
While banks welcome the "whole-of-government" approach that led the effort, private sector takedowns remain difficult without federal warrants.
-
A group of European banks have formed Qivalis, which expects to launch its coin in early 2026 as a counter to the U.S. dollar-led market. Plus, Singapore regulators give Ripple permission to expand and other news in the global payments and fintech roundup.
- 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.
Eight months after Green Dot embarked on a review of its strategic alternatives, the fintech said it will sell its banking operations to CommerceOne Financial and sell its fintech platform to Smith Ventures. Both buyers are linked to Alabama businessman Bill Smith.
The New York bank already offers tokenized deposits, which allows global clients to move money around the world instantly, and it's building a crypto custody platform.
The 23rd annual ranking of women leaders in the banking industry.
-
Sponsored by IntraFi -
Sponsor Content from Equifax -
Sponsor Content from Equifax -
Sponsor Content from Equifax
