The U.K. bank has completed a payment using the stablecoin alternative; while Revolut is trying to acquire Turkish neobank FUBS. Plus: execs tied to the Wirecard scandal are on their way to prison and more in the American Banker global payments and fintech roundup.
For much of the last decade, credit card companies and issuers have fine-tuned security to the point where if any suspicious activity occurs on a cardholder account, that cardholder will receive an alert. That same sort of transaction and behavioral analytics is starting to come into other business sectors and walks of life.
-
Biometric payment terminals were on full display at the National Retail Federation's Big Show in New York. American Banker's Joey Pizzolato tried terminals from Ingenico and JPMorgan Payments. What he found might surprise you.
-
Christopher Mufarrige is named acting director of the FTC's Bureau of Consumer Protection; TD Bank promotes Andrew Stewart, Nadir Johnes and Jo Jagadish; PayPal's John Kim is leaving the company; and more in this week's banking news roundup.
-
Steve Squeri told analysts his firm is prepared to compete with small-business technology providers like Ramp and Brex. He also weighed in on the potential payments behemoth that would result from Capital One's purchase of Discover.
-
There's a growing consensus that helping young employees pay back student loan debt could be key to recruiting and retaining millennial talent at credit unions.
-
Five Financial Reality Fairs will be held simultaneously across the state in order to help reduce recidivism through financial education.
-
The aid helps credit unions create community reinvestment and financial education initiatives.
-
Freddie Mac representatives would not comment on the sudden resignation of Brickman. Interim CEO Michael Hutchins has served as Freddie’s executive vice president of investments and capital markets since January 2015.
-
The teams include people who previously worked for the Treasury and the Federal Housing Finance Agency as well as HUD.
-
The Toronto parent of BMO Harris Bank has joined a growing list of banks directing billions of dollars toward affordable housing and loans to low- and moderate-income communities.
The fintech firm will use the $5.5 million in funding to expand its operations and improve its products.
Small lenders produced net interest margin expansion in the fourth quarter, thanks in large part to interest rate cuts in the second half of 2024. Festering inflation, however, threatens to lead to rate increases that could stall their momentum.
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
-
The Consumer Financial Protection Bureau says it is in favor of consumer choice, but its shifting position on earned wage access calls that commitment into question.
-
The growing buy now/pay later industry requires regulations, but existing regulations for credit card lenders are not fit to the purpose. BNPL needs bespoke guidelines to protect consumers.
-
The proposed capital rule risks driving borrowers away from the traditional banking industry and into the arms of shadow banks, whose support during stressful times can be fleeting.
-
Mike Dargan, former chief operations and technology officer for UBS, stepped down at the end of 2025 and will become the CEO of neobank N26 this spring.
-
Bank First in Manitowoc, Wisconsin, has completed its acquisition of Centre 1 Bancorp in Beloit; Citi plans to shed its remaining Russian operations; Heritage Financial in Olympia, Washington, has received regulatory approvals to acquire Olympic Bancorp; and more in this week's banking news roundup.
-
The lender traps consumers in an "exploitative cycle of debt," Brandon Scott said.
-
Following the passage of federal legislation, stablecoins are generating a lot of buzz, but are still seeking uses beyond investment. Payment firms are pushing technology to entice merchants and consumers to support the digital asset.
-
The merger of equals, which received a chilly reception from investors when it was announced in July, closed faster than analysts had expected.
-
Last year highlighted the risks for banks in lending to nondepository financial institutions. A new approach by Trump-era regulators could change the playing field.
- 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.
The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.
Cockroaches, crazy work and shots in the butt: Here are some of the most quotable bank CEOs of 2025.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Oracle America
-
Partner Insights from Appian -
Sponsor Content from Appian -
Partner Insights from Appian -
Sponsor Content from Appian
