Treasury Under Secretary for Domestic Finance Jonathan McKernan said he is concerned that the traditional bank funding model of taking in low-cost deposits and making more lucrative loans could be set for a shakeup as fintech challengers get more competitive.
Lindsey Argalas will push innovation throughout the Spanish bank and encouraging collaboration across businesses and markets.
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The card network said it saved would-be victims $350 million in the first year after it combined several crime-fighting units.
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Amid troubling news of tariffs and layoffs, dropping delinquencies offer a rare sign of consumer health.
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As FedWire becomes the latest ISO 20022 migration to get pushed back, Vantage Bank and Wings Credit Union discuss the difficult upgrade.
Launch Credit Union claims it reduced fraud by 97% after adopting a real-time solution in 2020.
The two financial institutions issued Avit tokens on the Ethereum mainnet, marking a first in the U.S.
Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
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The real test of the value of investments in artificial intelligence and other tech upgrades is the generation of measurable value across a bank's lines of business.
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The cryptocurrency sector is only the latest in a long line of corporate interests seeking to distort our democracy by converting their financial power into political power.
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Eras come and go, but the ongoing investments in developing, empowering, leading and retaining superior personnel will remain the highest priority of top-performing financial institutions.
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Pinnacle and Peapack-Gladstone have sought to preserve their corporate cultures during periods of major change.
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Banks with more than $10 billion of assets made up 12% of American Banker's 2025 Best Banks to Work For list.
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Reseda Group, a CUSO owned by MSU Federal Credit Union, acquired the money management app for couples as part of its strategy for family finance offerings.
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Airlines and hotel chains are taking advantage of the banking-as-a-service model and favorable debit interchange regulations offered to bank issuers with under $10 billion in assets to bring debit card rewards back to market after they all but disappeared following the so-called Durbin Amendment.
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Following the new GENIUS Act, BNY's fund provides a regulated vehicle for stablecoin reserves, distinct from its separate tokenization projects.
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JPMorganChase, BNY, Citi and others are getting ready to launch autonomous digital workers, but for most, several pieces need to be in place before they can go live.
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The payments company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corp. to create PayPal Bank. If approved, Mara McNeill, the former president and CEO of Toyota Financial Savings Bank, will serve as PayPal Bank's president.
Blake Roberts served as the Deputy General Counsel of the U.S. Department of Commerce from 2022 to 2025. He is a partner in the Washington office of Eversheds Sutherland.
The 23rd annual ranking of women leaders in the banking industry.
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