Leaders from across the industry share how they devised strategies to overcome obstacles—
To identify fintech startups deserving of special recognition this year as part of the FinTech Forward program, a team of American Banker editors, BAI staff and industry members debated the merits of self-nominees and companies we know.
-
When the e-commerce giant designs and revises new store models like Just Walk Out, it faces a challenge: How do you train technology that requires real-world data that doesn't yet exist?
-
Payments fraud is the most expensive kind, at $450B; anti-financial-crime execs are the most worried about real-time payments, a survey from Nasdaq and Oliver Wyman found.
-
Companies such as SeatGeek, a ticketing provider that requires its employees to do a lot of travel, find that artificial intelligence can help manage a large amount of data tied to travel and expenses.
Research, insights and data on how banks and financial institutions are using AI can now be found in a new location on American Banker.
-
Lehman Brothers Holdings Inc. creditors including Goldman Sachs Group Inc. have drafted a payment plan that would compete with the defunct bank's $61 billion proposal, taking back money that Lehman sought to give to bondholders, said two people familiar with the matter.
-
Business costs are rising, leaving some advisory firms to find subtle ways, such as tiered pricing, of passing these costs on to clients.
-
An elderly client has $12 million in two homes she wants her children to inherit. How to make that happen without exposing the kids to estate taxes that could oblige them to sell?
-
There’s bipartisan consensus that the conservatorships of Fannie Mae and Freddie Mac are unsustainable, but that may not be enough for lawmakers to upend the current system.
-
McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.
-
The bank was fined $25 million for what the Office of the Comptroller of the Currency said was an inability to provide the discounts to all who were eligible.
Irvine-based CBC Bancorp's $121 million deal for Bay Community Bancorp in Oakland stands out at a time when high rates have put a damper on both the number of deals taking place and the multiples sellers are paying.
Republicans' emerging tax bill could include a measure to subject some credit unions to federal taxes, reigniting a long-simmering conflict between bankers and credit unions.
-
Just as advances in automobile technology have made driving safer, incorporating AI into decision-making reduces financial risks.
-
A new book by Hal Weitzman examines the state's policies and how they affect corporate governance around the world.
-
The agency’s mission is popular with the public, which has a long memory when it comes to the past misdeeds of the banking industry.
-
Amid a surge in bank mergers, Citizens CEO Bruce Van Saun said the Providence, Rhode Island-based bank is largely focused on organic growth. "It would have to be a pretty high bar for us to go down that path," he said.
-
New research from American Banker finds that financial institutions are asking about ROI, infrastructure costs and compliance burdens.
-
America's second-largest bank revised its net interest income target upward after what analysts called a "clean" third quarter.
-
A federal judge in San Francisco ordered a temporary halt to reduction in force orders issued by the Office of Management and Budget during the government shutdown, while OMB Director Russell Vought has said he expects to lay off more than 10,000 federal workers.
-
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 conditional approval came with residency waivers for board directors and green-lights the bank's business model, which is aimed at serving tech companies and ultra-high net worth customers in the digital asset space.
- Daily BriefingDelivered Every WeekdayIdeas that impact your business delivered to your inbox every day.
- TechnologyWednesday, ThursdayThe latest industry developments from digital banking to cybersecurity to AI.
- PaymentsDelivered Every WeekdayAn early-morning roundup of important headlines from the past 24 hours.
- Best of the WeekFridayThe most important and widely read stories from the previous week.
House Financial Services Committee ranking member Maxine Waters, D-Calif., asked bank regulators to give banks the supervisory clearance to extend lines of credit and modify loan terms for federal employees furloughed after the government shut down last week.
Federal Reserve Gov. Stephen Miran sidestepped whether policy setting pressure from the administration is a welcomed development, but reiterated that he wants to avoid succumbing to "groupthink."
The 23rd annual ranking of women leaders in the banking industry.
-
Partner Insights from Alloy -
Partner Insights from Alloy -
Partner Insights from Alloy -
Partner insights from scienaptic
