Global purchase volume — the aggregate dollar amount of purchases made with Mastercard-branded cards — rose to $1.99 trillion, while falling short of analysts' estimates of $2.04 trillion.
-
The Treasury secretary criticized post-crisis bank rules as outdated and burdensome, vowing to streamline financial regulation, revamp supervision and reduce constraints on private enterprise.
March 6
-
The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau moves to the full Senate, where he's likely to be confirmed along party lines.
March 6
-
Following a record-setting 2024, only one transaction involving a credit union buying a bank has been announced so far this year. Seller concerns about regulatory approval and pushback from bank industry groups have contributed to the slowdown.
March 6
-
Jenkins succeeds retiring CEO Gary Regoli at the Florida-based credit union, which has acquired several community banks and launched a bitcoin service that it later shut down.
March 6
-
The company lets business owners comingle personal and business finances in one app.
March 6
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.
Fintech deals for banks are in bloom going into May, but pests like problematic levels of relay fraud to bots conducting cyberattacks against banks are abound.
In a recent executive order, President Trump tried to wipe out a legal concept used to root out discrimination. But banks, worried about what will happen the next time a Democrat is in the White House, may be reluctant to change their policies.
A new survey conducted by IntraFi found that nearly three-quarters of bank executives say a recession is here or imminent, and tariffs now rank among their top three economic concerns.
Global purchase volume — the aggregate dollar amount of purchases made with Mastercard-branded cards — rose to $1.99 trillion, while falling short of analysts' estimates of $2.04 trillion.
Fintech deals for banks are in bloom going into May, but pests like problematic levels of relay fraud to bots conducting cyberattacks against banks are abound.
In a recent executive order, President Trump tried to wipe out a legal concept used to root out discrimination. But banks, worried about what will happen the next time a Democrat is in the White House, may be reluctant to change their policies.
A new survey conducted by IntraFi found that nearly three-quarters of bank executives say a recession is here or imminent, and tariffs now rank among their top three economic concerns.
Bankers are concerned about stablecoins gaining traction due to the passage of the GENIUS Act, and also continue to sound the alarm about the failure to resolve check fraud disputes, according to the latest quarterly survey from IntraFi.
Pulaski Savings Bank's failure will cost the FDIC's Deposit Insurance Fund 57.6% of its total assets.
The CEO of First Northwest Bancorp is promising to fight a lawsuit claiming the lender helped a client perpetrate a Ponzi scheme that bilked a hedge fund out of more than $100 million.
Most Influential Women in Payments honorees say the dramatic expansion in technology presents new opportunities and challenges as employers evolve away from traditional business models.
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
-
John Buran shares how his New York bank and its small business customers are faring with tariff uncertainty — and how some have quickly changed suppliers and modified business plans — in the latest American Banker podcast.
July 15 -
Staking activities and stablecoins are two of the possible ways banks could have a role in decentralized finance, said Margaret Butler, head of the financial services practice at the law firm BakerHostetler and Kristiane Koontz, director of Treasury Services and Payments at Zions Bank, in interviews recorded at the Digital Banking Conference in June.
July 1
-
Independence Bank can cease operations once it satisfies the conditions in an FDIC consent order. Liquidation would close out a five-year drama that began when regulators cited the bank for SBA lending irregularities.
March 4
-
Goldman Sachs Group is planning to start its annual round of reductions earlier in the year after previous cuts took place in the latter half.
March 4
-
Increases in memberships and loan originations led to the bank's improved performance.
March 4
-
The Biden-era suit against Zelle's parent company and its largest bank parent owners sought to require banks to reimburse consumers for "induced fraud," when a consumer is tricked into sending money to someone under false pretenses.
March 4
-
Secretary of Defense Pete Hegseth's decision to halt operations against Russia could weaken intelligence important to banks defending against attackers.
March 4
