By acquiring the ATM firm, Brink's hopes to expand in retail commerce. Plus, Revolut issues a card to compete with Amex; Standard Chartered has a new payments chief; and more in American Banker's global payments and fintech roundup.
Manuela Veloso, head of the machine learning department at Carnegie Mellon University, will join the bank in July.
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Credit cards that pay rewards in cryptocurrencies are nothing new, but the GENIUS Act has opened the door for new incentive programs.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
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The company is becoming a full-fledged processor and accelerating its artificial intelligence plays, moves CEO Paulette Rowe said provide more control over agentic commerce, which payment experts say is threatening traditional payment facilitators.
Research from J.D. Power found that bank customers are most concerned about letting AI move money on their behalf or place a barrier between them and their money.
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This elite group of young wirehouse and regional employee representatives collectively generate more than $200 million in annual revenue.
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The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.
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The ruling may offer hope for Gwen Campbell, who alleges that JPM’s private bank is “poaching” and “siphoning” her celebrity clients’ assets away from her management and paycheck.
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First National Bank of Pennsylvania, a unit of FNB Corp., ran into trouble in connection with North Carolina operations it acquired from Yadkin Financial in 2017.
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A day after the regional bank's stock tumbled on tough fourth-quarter results and some austerity moves, observers debated whether management just needs time to build enough capital to catch up with growth or if it is still too overexposed in multifamily lending.
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With tougher capital requirements looming, a number of regionals including U.S. Bancorp, Huntington and Santander are using these new instruments to share risk with nonbank investors and lighten their capital load. Experts point out the pros and cons.
After a quarter in which Goldman Sachs beat Wall Street's expectations, CEO David Solomon said he was seeing a "meaningful improvement" in the macroeconomic environment.
The Treasury Department issued guidance on how merchants can round cash transactions to the nearest nickel. Banks and retailers have been calling for more clarity from the government amid a penny shortage that stems from the Trump administration's abrupt decision to halt production of the one-cent coins.
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What if the guiding narrative of 2,000 years of human history was a slow march toward the worship of money? A new book by Paul Vigna argues that we could fix this problem if we declared an old-fashioned jubilee and simply erased all debts.
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The Treasury Department is claiming extensive authority to pry into the private financial information of Americans on the flimsiest of pretexts. It's time for the courts to step in.
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What does a movie about managing an unruly honky-tonk bar have to do with banking? When it comes to setting examples for corporate culture, maybe a lot more than you think.
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MBS buying has become the near-term focus but a 2026 offering is still possible, Federal Housing Finance Agency official Bill Pulte told Fox Business.
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The Royal Bank of Canada's base outlook is that tariffs will remain at their current levels. But it also sees a possibility that U.S. trade policy will bring on a severe North American recession.
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The Brazilian neobank attributed a Q4 boost in its credit portfolio to its AI-powered underwriting tool, but expenses caused it to miss Wall Street estimates.
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Acquiring the $386 million-asset Pacific West Bancorp extends a strengthening bull market for bank M&A.
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After completing a migration to its proprietary tech stack, Chime is setting its sights on GAAP profitability in 2026 following a strong fourth quarter.
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The Toronto-based bank reported higher revenue across the entire company, including in the U.S., and kept expenses in line with its previous projections.
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Senate Majority Leader John Thune, R-S.D., moved to consider the housing package next week, but it's not clear what version of the bill senators will be voting on as the House, Senate and White House are still negotiating priorities.
The agency's 400-page GENIUS Act proposal sets capital, reserve and operational rules to govern how stablecoin issuers may operate.
The 23rd annual ranking of women leaders in the banking industry.












































































