The small Missouri community bank partnered with embedded banking provider Treasury Prime to connect with fintechs and signed on its first sponsoree earlier this year.
Several non-U.S. core systems providers are trying to make American banks their clients, but they still face challenges penetrating an entrenched marketplace.
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New York Attorney General Letitia James asked a state court for permission to issue subpoenas to Capital One as part of an ongoing antitrust probe by the state,
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With two excellent real-time payments rails now available in the U.S., enabling QR code transactions is essential. The financial services industry needs to come together and establish uniform standards.
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The card lender took full control of Swisscard from UBS; the Financial Conduct Authority is bringing installment lending regulations in line with other consumer financial products; and more payments news from around the world.
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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By partnering with Intuit, Wells Fargo is continuing its journey toward API-based data sharing, and away from screen scraping.
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The long-running feud between banks and fintech companies over screen scraping is morphing into a more nuanced and important conversation about how to exchange consumers' financial data securely and fairly.
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The deal points a way forward, not only to resolve the debate over screen scraping and ownership of customer data but to redefine banks' value proposition.
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The agency flagged faulty risk management and other issues at the Federal Home Loan Bank of Des Moines and Federal Home Loan Bank of San Francisco in exams conducted last year.
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The Federal Housing Administration's move to insure loans with forbearance could help support homeownership opportunities constrained by the coronavirus if one change was made to it, trade groups said.
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Groups representing community banks and credit unions generally support the new percentage-based goals set by the Federal Housing Finance Agency.
Transactions grew larger and more frequent this year. As a result, aggregate value more than tripled from 2023 and topped $15 billion.
The megabank is also updating certain policies to bar discrimination based on political affiliation. "We appreciate the concerns that are being raised regarding 'fair access' to banking services," a Citigroup executive wrote in an internal memo.
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The proposal fails to account for the needs of small and medium-size businesses, which depend on banking data connectivity to keep their operations running.
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Bank regulators' advance pledge to set capital levels at or above those required by the agreement is evidence that the results of the notice and comment period have been predetermined.
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In its opening bid in budget negotiations with the White House, Republican leadership in the House zeroed in on the Treasury, Securities and Exchange Commission and Consumer Financial Protection Bureau as targets for concessions. But how hard will the administration push back?
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The Brazilian fintech is on the hunt for an acquisition since new rules approved in November forbid the use of "bank" in a brand unless the company holds a banking license, which Nubank does not.
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Called Titan, it adds perks and high-end offers to lure corporate clients. Payment experts say it faces challenges in battling incumbents such as American Express.
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Recent weeks have seen a flurry of stablecoin risk reports from international finance institutions. Noelle Acheson deduces what's really going on here.
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The largest bank deal to be announced in 2025 is still on track to close in the first quarter of next year, Fifth Third CEO Tim Spence said. His comments came amid opposition to various aspects of the deal, as well as how it came together and the timeline for closing the transaction.
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Fed Chair Jerome Powell, speaking at a press conference after the December FOMC meeting, said the central bank is holding interest rates steady until it gets more clarity on the economy.
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Charlie Scharf has a mostly optimistic take on Wells' consumer banking prospects entering 2026. But he's more downbeat about the company's once-dominant residential mortgage business.
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A bipartisan housing provision has emerged as a critical negotiating point for passage of an uncommonly bank-relevant defense authorization bill.
More than 400,000 consumers may be affected after Marquis Software Solutions suffered a breach traced to a bug in SonicWall software disclosed last year.
The 23rd annual ranking of women leaders in the banking industry.
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