American Banker's 2026 Predictions report finds that nonbank entities and check fraud are major threats to local banks in the coming months.
Both banks and fintech are satisfied for now with the CFPB's nonbinding principles on data-sharing. But the statement may lay the groundwork for future regulation.
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The retail giants are kicking the tires on their own currencies. The potential prize is a way to reimagine prepaid cards and gain a key position as new forms of artificial intelligence-powered payments take off.
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The card, powered by fintech Cardless' embedded credit card platform, provides up to 4% cash back in bitcoin, and allows customers to service their account directly in the cryptocurrency exchange's app, similar to the way Apple Card works in Apple Wallet.
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New forms of artificial intelligence can take most, if not all, of shopping and checkout out of the hands of humans. Not everybody is going to be comfortable with that, though the payment giant sees travel as a good place to start.
Casting aside recession fears, the credit bureau predicts credit cards, mortgages, auto loans and unsecured personal loans should all perform well — including those extended by online lenders.
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The Association for Black Economic Power will receive an interest-free forgivable loan and a grant from the city to help pay for a retail space and equipment for the effort.
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Credit union clients of CMS will be able to make securities transactions without commissions.
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A handful of institutions are dipping a toe into a niche lending market that saw sales level off precipitously in the wake of the Great Recession.
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Like other mortgage lenders, the San Francisco megabank has been cutting staff since refinancing volumes started to fall. Additional layoffs are expected over the next couple of quarters, according to the bank’s chief financial officer.
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The San Francisco bank reported a 31% increase in loan originations during the second quarter. Analysts are wondering whether it will be able to secure enough low-cost funds to avoid eroding margins.
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Several groups raised concerns at a public hearing about the Canadian bank’s proposed acquisition of Bank of the West. They accused BMO of shortcomings in its mortgage lending to Black and Latino borrowers and said they won’t support the deal without the bank's firm commitment to help underserved communities.
Banks that are financing the rise of nonbank competitors have been losing market share in commercial lending. But by getting in on the action, the same banks are also seeing some payoff.
Banks are scouring consumer complaints, bank accounts and loan denials to identify people and companies who they may have cut off from banking services amid a new push by the Trump administration to address allegations of political bias in debanking.
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Regulatory justice prevailed with a federal district court injunction staying the politically motivated CRA final rule, the most complicated and convoluted regulation ever. Depending on election results, it may end up in the Supreme Court.
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The Supreme Court ruled this year that companies facing civil money penalties have the right to request a jury trial. The ruling is going to change the way regulators and companies think about enforcement actions.
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The varied perspectives that people of different generations bring to the issues facing a growing business can be a deep and rich source of support for entrepreneurs.
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The digital bank added two new board members and raised $123.9 million as it continues to manage regulatory costs amid its push for profitability.
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While stablecoins aren't widely used for merchant payments, blockchain tech firms such as BVNK and Polygon Labs are seeking opportunities to add speed to slow-moving international transfers.
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In keeping with its policy of outsourcing functions outside its core commercial and retail banking competency, Signature Bank near Chicago teamed with a larger trust company to fill a longstanding gap in its product set.
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The Arkansas-based company pivoted to organic growth a few years ago, after making 14 bank acquisitions in less than a decade.
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The combination of the banks is the latest in a trend of deals closing on speedier timelines, and signals the industry's hunt for scale.
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When the Swiss banking giant bought rival Credit Suisse in 2023, it inherited an investigation over money the Nazis looted from European Jews. The issue now seems to be coming to a head in Washington.
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A world of hundreds if not thousands of stablecoins sounds chaotic – but that's because we're still thinking of stablecoins as money. Consider their potential for strengthening customer loyalty and engagement.
The 23rd annual ranking of women leaders in the banking industry.
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