Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
R3 CEV thinks it is better positioned than other blockchain startups to provide products that banks will use. Why? It is pairing with banks up front, focusing on how they approach the trendy technology.
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The major U.S. card networks are pursuing financial inclusion in Egypt, the Reserve Bank of India works to bring central bank digital currencies to more users, and other news in this week's global roundup.
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New regulations involving cryptocurrency and the results of key elections will impact the industry's success this year.
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Shared services organizations PSCU and Co-op Solutions are offering post-purchase buy now/pay later loans, with the goal of reaching consumers who are concerned about managing their credit.
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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Pacific Investment Management Co.'s plan to launch an actively managed version of its popular Total Return Fund, overseen by its founder, Bill Gross, may well turn the tide for actively managed exchange-traded funds.
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Charles Kochel, a Jonesboro, Ark., adviser, spends two days every other week casting for fish — and for clients — on one or another of the 30 rivers surrounding the Arkansas River.
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It isn't that unusual for a spouse to learn only after the fact that his or her mate (or ex-mate, if they're divorced) tried to cheat the IRS on a joint tax return.
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The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.
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About 100 financial institutions are owned by or work with Native Americans, yet traditional banking services remain out of reach for many in this demographic.
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Wells Fargo and the denial stage of recovery; community bankers alarmed after big banks backtrack on faster-payments pricing; credit card, auto loan delinquencies hit seven-year high; and more from this week's most-read stories.
This year Texas banks dominated American Banker's annual list of the top-performing larger community banks. See which institution came in at No. 1 for this asset class.
The Biden-era suit against Zelle's parent company and its largest bank parent owners sought to require banks to reimburse consumers for "induced fraud," when a consumer is tricked into sending money to someone under false pretenses.
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The popular peer-to-peer payments network is rife with fraud. And as much as the Consumer Financial Protection Bureau might want to crack down on the big banks that own Zelle, the agency is legally handcuffed.
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The additional data that will become available as the economy slows should reveal the true strength of the technology companies some banks are working with and that should inform whether more regulation is required.
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In the coming midterm elections, bankers ought to pay attention to candidates for state treasurer, controller and other historically low-profile offices.
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Five years after the government struggled to disburse pandemic relief checks, the Fed is using improved processing for emergency funds as a reason for banks to get onboard with FedNow.
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Revolut receives a banking license, while SumUp introduces its payments hardware. That and more in the American Banker global payments and fintech roundup.
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The Department of Justice has filed a motion opposing the Consumer Financial Protection Bureau employee union's appeal of an August D.C. Circuit ruling allowing the administration to fire up to 90% of the agency's workforce.
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The president of the planned Georgia Skyline Bank says he's cautiously optimistic that his group can raise $35 million of startup capital in time for an opening early next year.
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The Trump administration has ordered banking agencies to root out and identify instances of politically motivated debanking while at the same time raising pressure on banks to scrutinize or potentially sever their ties with liberal nonprofit clients. That dynamic creates a compliance puzzle with no obvious answers, experts say.
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Speakers at the Most Powerful Women in Banking conference Tuesday shared several scenarios in which banks will benefit from dollar-pegged cryptocurrency.
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America's second-largest bank revised its net interest income target upward after what analysts called a "clean" third quarter.
Mastercard has added an "agentic cloud" to speed deployment, while Visa has issued a protocol to help AI agents communicate. That and more in American Banker's global payments and fintech roundup.
The 23rd annual ranking of women leaders in the banking industry.
- Partner Insights from Fannie Mae
- Partner Insights from Fannie Mae
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Partner Insights from Fannie Mae - Partner Insights from Fannie Mae
