About 70% of bank CEOs said in a recent survey that they are the AI decision makers in their companies. The reasons for this range from the huge impact AI can have on an organization to the fear of missing out.
Plans by IDT and MercuryFX to test XRP for cross-border payments are another vote of confidence for Ripple’s products.
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Western Union's North American money transfer business logged a decline in cross-border remittance revenue, led by drops in the U.S. to Mexico corridor, its largest remittance stream by far. The company is also bracing for the 1% remittance tax codified in the "Big Beautiful Bill," a levy that does not directly apply to banks.
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Unlike rival Fiserv, the bank technology company does not plan to issue its own coin immediately, but it does feel the lure of the broader digital asset market.
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Direct-to-consumer earned wage access provider EarnIn is rolling out Live Pay, a service that "streams" consumers' paychecks via a Visa card. It's a model banks could replicate.
The investment firm is partnering with Appian, a low-code software company, to ramp up automation.
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Digit is applying its automated-savings techniques to the growing problem of student loan debt.
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Another look at the variety of ways credit unions are making a difference.
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Why the Toronto bank is focusing on digital features; complaints about credit monitoring plans flood CFPB; the strategies midsize banks are relying on to stimulate growth; and more from this week’s most-read stories.
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The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.
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Gov. Jay Inslee has signed a law that will offer loans to minority borrowers to help cover down payments and closing costs. Supporters say it will benefit groups that were victimized by racially restrictive real estate covenants.
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The Philadelphia-based company will eliminate an undisclosed number of jobs as part of a plan to refocus on core business lines and markets, CEO Thomas Geisel said.
The Dallas-based bank is the subject of a scathing new report by HoldCo Asset Management, which says it should take advantage of current market conditions to sell itself. The investment firm accused Comerica's management of making poor decisions and failing to address its lagging stock price.
President Trump and housing regulator Bill Pulte are considering introducing a 50-year fixed rate mortgage that Fannie Mae and Freddie Mac would purchase.
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The incoming administration will have a number of tools at its disposal to immediately pare back stifling federal regulation of financial services and boost the housing market. It should use them.
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It's no accident that national banks have, so far, been insulated from major crypto disasters. Congress and the incoming administration should take heed and avoid eliminating the guardrails that have kept banks safe.
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Making the cancellation of private mortgage insurance policies automatic when a home's loan-to-value ratio is lower than 80% would be a huge benefit for borrowers.
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Minal Gupta has implemented new financial technology for years as an executive, and is taking the helm of her credit union as the entire industry ponders how to use real-time payments and new forms of AI.
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The Southeast Asian financial services company acquired micro-investing fintech Stash and earned a yearly profit for the first time in its 2025 earnings report.
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The Made in America Manufacturing Finance Act would double the loan-size threshold for SBA manufacturing loans to $10 million. It would be the first change to the limit since 2010.
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TIAA's asset management arm will have $2.5 trillion of assets after the combination with a storied U.K. firm.
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Executives have more trust in the central bank's board than their smaller-bank brethren, according to American Banker's 2026 Predictions report.
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The sports betting company said it would stop accepting credit card deposits for its sportsbook, casino and racing products in the U.S. Wagers placed using credit cards are typically more expensive than those made with other forms of payment.
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The digital bank slashed its share volume and pricing the day before its public debut and following a mixed U.S. public debut for fellow Brazil fintech PicPay.
With clients expecting more from their estate planning, financial advisors are becoming the go-to source for a plurality of investors, a new survey shows.
The 23rd annual ranking of women leaders in the banking industry.
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