When JPMorganChase said it planned to charge aggregators for its customer data, it sparked strong feelings on all sides.
Raj Date, the consumer bureau's former deputy director, said Thursday regulators need to be flexible, responsive and use discretion when it comes to dealing with financial technology startups.
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Walmart adds BNPL to self-checkout via Affirm, Uber integrates with payment firms Brex and Ramp, Fulton Financial announces next president and more in the weekly banking news roundup.
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Banks, payment companies, mortgage lenders and insurance providers are racing to seize an advantage from generative artificial intelligence. Some have been especially aggressive in deciding which workflows — or entire jobs — can be handed off to AI.
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Multifunction wallet apps will support shopping, loyalty, paying at the pump or EV charging station and crypto asset management, challenging the roles of U.S. financial institutions.
Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
The Consumer Financial Protection Bureau's overdraft proposal would set fees at $14. With fee income under attack from many sides, bankers say they would have to further restrict credit.
The subcommittee to be chaired by Sen. Katie Britt, R.- Ala. will oversee servicing and HUD at a time when Republicans are resurfacing legislative proposals they now have more power to advance.
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It is essential to place the central focus on race, to bring nondepository mortgage lenders under the Community Reinvestment Act umbrella and to address bias in home appraisals.
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A combination of higher organic loan growth and fee-based revenue streams powered top-performing banks in 2021.
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Though a handful of banks have adopted overdraft fee reforms, a great many consumers still need the protection that legislation targeting abusive practices would provide, writes a staff attorney for the National Consumer Law Center.
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Kearney-Lederman is on a mission to make economics "cool again."
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Andress credits her success as a trader, in part, to being a "very genuine, down-to-earth" Midwesterner.
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New client acquisition was standout in 2024. Scarry's "intensity" is unwavering as she looks to grow the EMEA equity long-short client base in the year ahead.
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Transforming philanthropy to have lasting impact requires "igniting innovation" — not just throwing big money at problems.
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Colleagues see her as a "standout leader in the Texas banking scene." Her tailored approach to HNW mortgages is one reason why.
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The self-described strong-willed kid who never wanted to be told what to do has carved out a career placing big bets and giving 'no' for an answer.
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Small businesses are the backbone of our economy and as their needs evolve, financial institutions must evolve with them.
Eric J. Ellman is the President of the National Consumer Reporting Association (NCRA), a trade association of highly-regulated mortgage reporting and tenant screening companies that provide consumer reports and credit reports to lenders and landlords.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Fannie Mae
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Partner Insights from Fannie Mae - Partner Insights from Fannie Mae
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Partner Insights from Fannie Mae
