Jonathan Gould

Comptroller of the Currency Jonathan Gould said Tuesday that chartering compliant fintechs is "the only way" to level the playing field between banks and nonbanks. His comments come as the Office of the Comptroller of the Currency weighs new trust charters and stablecoin rules.

Technology
trusona-token-021916-620.jpg

Security veterans Frank Abagnale and Ori Eisen have teamed up on a heavy-duty authentication service with no pretensions of being easy to use. Their venture, Trusona, just raised $8 million.

RSAC 2026

A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.

UMB Financial

The Kansas City, Missouri-based regional bank said it is making progress on its pending purchase of Heartland Financial USA in Denver. The deal is expected to close during the first quarter of 2025.

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Call for Nominations
Person using AI agent

The agents could overcome the consumer inertia that keeps people in low-yield bank accounts, the consultants say.

Bread Financial

The credit card issuer added two programs with home goods retailers Raymour and Flanigan and Bed Bath and Beyond during the quarter while also increasing its stock buyback allocation and dividend payouts.