Visa and Mastercard logged increases in holiday spending, an industry group called for increased BNPL regulation in the U.S., and more in this week's global payments roundup.
While much of artificial intelligence technology is about automating tasks, it also holds the possibility of enhancing bankers' ability to serve customers.
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Women in the payments industry are using the advent of real-time payment networks to help underserved women around the world gain access to vital financial services.
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Each year, American Banker recognizes the women who are advancing the payments industry in banking, retail, acquiring, processing and more.
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A new EU law that requires interoperability and universal support for instant processing goes into effect this week, providing clarity that the U.S. lacks, while ABN Amro says restrooms generate transaction revenue. That and more news in this week's global payments roundup.
Some bankers fear the use of artificial intelligence in detecting crime could catch innocent customers in a dragnet. Proponents say it can do a better job of spotting true criminals.
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PNC's Charlotte McLaughlin is frustrated by the lack of gender equality in the senior ranks across corporate America.
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Tracey Brophy Warson runs the largest segment of one of the world’s largest private banking operations, overseeing offices across the continent that manage $191 billion in assets.
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Joyce Chang of JPMorgan Chase says the combination of artificial intelligence, big data and machine learning will fundamentally transform the kind of information investors use to make decisions.
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One could change how commercial property is taxed, the other could change rent control policies. Both might affect financing.
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Spending is up and deferrals are down sharply, signaling that the economy has turned a corner, CEO Brian Moynihan said. The outlook stood in stark contrast to JPMorgan Chase, which set aside more funds to address potential exposure in consumer banking.
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Executives are urging Congress and the White House to prioritize another round of help for businesses amid concerns that the continuing restrictions on reopening could lead to more loan defaults.
Founder Ken LaRoe says his decision to step back from daily management chores will help the Orlando, Florida-based Climate First Bancorp maintain its independence.
Republicans pulled a $52B foreign bank tax after Bessent says he struck a global pact, easing industry fears.
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The nation's largest credit union allegedly engaged in racial discrimination resulting in calls for further investigations and regulations. Had Navy Federal been subject to the Community Reinvestment Act it may have avoided this problem.
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Policymakers should ignore the legislative calendar and draft a proposal that will stand up to bipartisan scrutiny, even if it takes time.
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The bureau is threatening to change its stance and classify EWA programs as loans. This is unwise and will harm consumers.
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The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.
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Cockroaches, crazy work and shots in the butt: Here are some of the most quotable bank CEOs of 2025.
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Michigan State University Federal Credit Union avoided $2.57 million in fraud exposure through blocking AI deepfake fraud calls with Pindrop products.
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The bank is betting on demand from resource-challenged companies.
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Fifty-four individuals tied to the Tren de Aragua gang face charges for using Ploutus malware to drain millions from community banks and credit unions.
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Democratic senators are attributing a recent decline in lending activity to a Trump administration regulation that puts new restrictions on borrowers with foreign ownership.
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A federal appeals court agreed to have the full bench rehear arguments by the Consumer Financial Protection Bureau's union about whether the Trump administration planned to gut the agency through mass firings.
Daryl Byrd, who led Iberiabank until it was acquired by First Horizon, has assembled an investor group to acquire MC Bancshares and its subsidiary, MC Bank & Trust Co. in Morgan City, Louisiana. Byrd will become CEO.
The 23rd annual ranking of women leaders in the banking industry.
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