The proposed rule codifies the ability for trust companies to conduct non-fiduciary activities, something banks say Congress never intended, but that OCC says has long been the case.
Data and analytics tools can help banks and credit unions detect financial patterns that may indicate that human trafficking is occurring.
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CEO-designate Gunjan Kedia said payments growth is critical to the Minneapolis-based regional's overall success. Dealmaking will take a back seat to organic growth for the time being, she added.
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In comments to reporters, Sen. Elizabeth Warren, D-Mass., underscored what she said was a conflict of interest between Elon Musk's DOGE's actions at the Consumer Financial Protection Bureau and his business interests with X Money.
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As it closes in on a New York listing, the Swedish fintech partners with the largest merchant acquirer in the U.S. by payment volume.
Banks should adopt a more collaborative process to usher in innovation and refine digital strategy, says SunTrust CIO Scott Case.
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The Trump administration's first interagency assessment of systemic risk highlighted many of the same worries as previous reports, but added a new emphasis on economic growth and regulatory tailoring.
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Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own.
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Rather than charge set fees, Aspiration offers customers name-your-fee accounts and donates to charities based on the amount of money it makes.
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Remote online notarization helped originators close loans amid social distancing measures, but complex local laws remain a barrier to its widespread use.
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The switch to Thomas Cangemi from longtime CEO Joseph Ficalora could foreshadow a push to curtail the company’s reliance on multifamily lending and the pursuit of a bank acquisition that lowers funding costs.
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The company promoted two executives as part of an effort to revamp its leadership team and establish a bigger presence in the Carolinas.
Leslie Wims Morris, JPMorgan's former chief of corporate development, testified that she trusted Javice "100%" on her claim that the company had millions of users.
Major nonbank financial trade groups asked Treasury Secretary Bessent to scrap 2023 guidance expanding nonbank designations, citing cost and competitiveness concerns.
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The proposed data sharing rules could create opportunities for forward-thinking financial institutions to better serve their customers and meet ever-growing expectations for digital finance.
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There are lingering questions related to the agency's 1033 proposal, including how to balance access to information with fraud prevention. But financial institutions should look for ways that access to additional data could help them create better products.
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In her new book, "Higher Ground," Alison Taylor, a business school professor, dives into how executives can grapple with thorny social and environmental challenges while ensuring an ethical culture within their companies.
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The FDIC inspector general said internal and external reviews found little evidence to support a whistleblower's allegations of fraud, retaliation and abuse within the FDIC's watchdog office.
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Earned wage access fintechs say the Consumer Financial Protection Bureau's advisory opinion provides important clarity on the finance product, but legal experts warn that its practical impact could be minimal.
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Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.
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New disclosures show the ransomware attack on the marketing vendor affected far more community banks and credit unions than initially estimated.
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Even as oil stocks jump and lawmakers clash over Trump's decision to intervene in Venezuela, experts say U.S. banks face little short-term risk, and any energy payoff is years away.
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First Federal Bank stretched its retail mortgage operations into Louisiana and Mississippi, following its expansion into the Midwest and Arizona in 2023.
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As commissioner of Virginia's Bureau of Financial Institutions since 1997, Joe Face emphasized strengthening the dual banking system.
Bank merger and acquisition activity rebounded this year, led by Fifth Third's $10.9 billion proposed purchase of Comerica. Huntington, PNC and Columbia were involved in some of the other biggest deals announced in 2025.
The 23rd annual ranking of women leaders in the banking industry.
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