The payment fintech is marketing technology that lets merchants sell through AI agents; Google adds a credit card for India's national real-time payment rail. That and more in American Banker's global payments and fintech roundup.
The latest generation of anti-money-laundering software uses agentic AI to help alleviate AML alert fatigue. Experts say this use of the technology is promising, though they offer some caveats.
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The buy now/pay later company beat analysts estimates on revenue and net income and is trying to get more frequent usage out of its customers.
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Donald Trump's ascension to the presidency creates regulatory uncertainty, but Block's CEO says the company hopes for more clarity for bitcoin and is developing technology to be flexible.
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The U.K. international money transfer firm posted strong earnings and said its regional diversification can offset the rise of isolationism in specific markets. Ingenico adds technology to enable cryptocurrency payments, and more. Here's what's happening in the world of payments.
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Texas Trust CU's latest financial education effort has a simple goal: If you can manage an unmanned aerial drone, you should be able to manage your finances.
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NBT Bancorp has spent the last few years introducing digital banking features intended to reach a broad audience.
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Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.
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The amount far surpassed that of any other servicer required to purchase Ginnie Mae-backed loans that were 90 days past due.
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However, those who aren't current bank customers need to have $1 million in a qualifying account.
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A subprime-related settlement between the government and Deutsche Bank provided meaningful benefits to some U.S. consumers in need, according to a new report. But the author acknowledged that those gains could prove illusory for some consumers given the coronavirus crisis.
Much of regtech focuses on automating compliance functions, but the human eye is still needed in some cases. Royal Bank of Canada and D+H have developed an assessment tool designed to help employees do their jobs better.
The industry should save on interest expenses this year as it follows the Fed's lead in cutting rates. The downside is that the lower deposit rates signal fewer opportunities to make loans.
The New York City-based specialty finance company must pay $3 million as part of a settlement with the SEC for allegedly inflating its stock price. Its president must pay a separate $1 million fine.
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Small towns, in which community banks are disappearing, have increasingly little to offer nascent businesses in the way of reliable credit.
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A proposal by the Consumer Financial Protection Bureau to hide medical debt from credit bureaus zeroes in on the unfairness of medical debt, but further reducing credit scores' utility as a proxy for a borrower's ability to repay doesn't do anyone any good.
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The pressures and frustrations of daily work lose some of their ability to aggravate when you consider how much real choice you have in the matter.
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The Nashville community bank is focusing on growing its "digital branches" through fintech partnerships and embedded banking with its latest funding round.
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The New York megabank, which completed the sale of a 25% equity stake in its Mexico retail business, has been exiting certain international markets as part of CEO Jane Fraser's focus on being a simpler, smaller bank.
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The Birmingham-based lender is opening its first branch in Houston, following a wave of banks rushing into the Lone Star State as its economy continues to boom.
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Early Warning's online checkout tool signed a multi-year partnership with NYCFC to be the official online checkout and digital wallet of the Major League Soccer franchise and a founding partner of its forthcoming stadium, Etihad Park.
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The Federal Deposit Insurance Corp. issued a proposal setting application criteria for banks to issue stablecoins and sets a strict timeline under which banks may have their applications reviewed. The agency also reduced deposit insurance assessments for banks and slashed its 2026 proposed budget at a board meeting Tuesday morning.
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The Bureau of Labor Statistics Tuesday reported that the economy added 64,000 jobs in November after posting a loss of 105,000 jobs in October, which was largely attributable to the onset of the government's deferred resignation program. Unemployment also ticked up to 4.6% from 4.4% in November.
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The card networks entered separate partnerships to tap the remittance market, while the French payment company continued its turnaround strategy following regulatory and economic challenges.
The Consumer Financial Protection Bureau plans to issue an interim final rule soon on consumer financial data rights because the agency expects to run out of money by Dec. 31.
The 23rd annual ranking of women leaders in the banking industry.
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