The fintech SpringFour has partnered with financial institutions to connect individuals to community resources in a record-long U.S. government shutdown.
The inadvertent downloading of thousands of consumer records to a thumb drive at the FDIC could happen anywhere. Here's a look at what the FDIC did right and what it could have done better.
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Joining forces with mobile and faster payments, generative AI is coming on board to help deliver better customer experiences and combat fraud
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Banks rely on fee income to a greater or lesser extent depending on business model, and the Biden administration is intent on cutting consumer fees across the economy. But that push might hamper another administration priority: financial inclusion.
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Katherine Weislogel's career began by being in the right place at the right time.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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A survey of registered investment advisors' use of social media shows a wide gap between regulation and reality, at least at smaller firms.
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The ruling didn't give specifics of Kipple's allegations, but he alleged in regulatory filings that Wells Fargo terminated him for "truthfully responding to a regulatory inquiry" by the Financial Industry Regulatory Authority, Wall Street's self-policing watchdog, in 2009.
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The service, supported by call centers and the bank's branches, came in last in a J.D. Power and Associates study released June 30 on self-directed investor satisfaction, and it also has ranked low in earlier surveys.
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The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.
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The Trump administration is not backing down even after a federal court blocked guidance that would have limited the operations of national housing funds.
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With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.
The top five have more than $1.3 trillion in mortgage backed securities as of March 31.
A three-judge panel will hear an appeal by the Trump administration of a preliminary injunction that has blocked the government from dissolving the Consumer Financial Protection Bureau.
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It would be unwise to restrict the use of Home Loan bank advances to housing-related lending.
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Banks with strong underwriting and stress testing should be well positioned to survive the credit and liquidity issues that may come while being able to continue to serve customers.
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A reasonable approach to comprehensive credit risk management can protect banks against the impact of a recession while ensuring the industry doesn't contribute to any potential economic volatility.
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A new research report this week found AI could 'unlock' $370 billion in profits for banks, though they're not yet ready to capture it. But big-bank executives say they are already seeing measurable results from their generative and traditional AI investments.
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Jerry Plush had helmed the South Florida-based bank for nearly five years before agreeing to depart this week. News of the leadership change comes little more than a week after Amerant reported a 43% increase in nonperforming assets.
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Michael Barr said he believes artificial intelligence will have a positive long-term impact on the economy, though it may cause job losses in the short term.
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The Federal Reserve Board finalized changes to its supervisory rating framework, allowing large bank holding companies to be considered "well managed," even with one deficient rating.
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As the emerging form of artificial intelligence impacts payments, pace of payment disputes and the workload will change.
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The chairman and CEO of First Independence Bank in Detroit is the new chairman of the American Bankers Association. He said his extensive involvement in industry advocacy roles over the past eight years has made him a better leader.
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The Federal Open Market Committee voted to reduce interest rates by 25 basis points Wednesday, but the emergence of dissents on the committee makes the chance of another quarter-point cut in December less certain.
American Banker's 2025 Small Business Banking conference yielded lessons about the need for speed, simplicity and safety in small-business lending. Other key takeaways included the significance of digital payment options and the importance of continuing to process SBA loan requests during the government shutdown.
The 23rd annual ranking of women leaders in the banking industry.
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