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Federal Reserve watchers expect a board of governors vote in February to reappoint the 12 regional Fed bank presidents — which is typically treated as a formality — to be the next flashpoint in the White House's effort to bring the central bank to heel.
December 8
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Through a nonprofit called Greater NY, early career analysts at banks can apply their financial skills at charities and other civic-minded organizations. The partnerships give free help to nonprofits, but provide surprising benefits to the banks as well.
December 5
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While overall payments declined, the financial sector remained the top payer to cybercriminals, surpassing both health care and manufacturing.
December 5
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Danny Seibel, who led First National Bank of Lindsay from 2007 until shortly before the bank's failure last year, is accused of falsifying bank documents to conceal the condition of loans.
December 5
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At a UCLA economic panel, experts from Zions, JPMorgan, Berkeley Research Group and Wave Digital Assets discussed the challenges in data management and compliance risk that goes with adopting digital assets.
December 5
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JPMorgan's Ben Carpenter will join Evercore as a senior managing director; Wells Fargo appoints Jackie Krese to head syndications within its fund finance group; the SEC is probing Jefferies over its relationship to bankrupt auto parts supplier First Brands Group; and more in this week's banking news roundup.
December 5
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The agency is weighing costly infrastructure needs, fraud risks and long-term decline in check use as it solicits public input on the possibility of winding down checks following an executive order phasing out paper in federal payments.
December 5
Pinnacle and Peapack-Gladstone have sought to preserve their corporate cultures during periods of major change.
Banks with more than $10 billion of assets made up 12% of American Banker's 2025 Best Banks to Work For list.
Of the 90 honorees on American Banker's 2025 Best Banks to Work For list, 28 had between $3 billion and $10 billion of assets.
The Consumer Financial Protection Bureau's acting Director Russell Vought has an obligation to request funding for the agency, five former Federal Reserve officials said. Plus, three nonprofits sue Vought and the CFPB.
The supersonic Concorde was one of aerospace technology's greatest achievements. However, its ultimate commercial failure should be a lesson for those pushing AI into banking. Advanced technologies often develop faster than consumers' ability to benefit from them.
JPMorganChase hired Berkshire Hathaway's Todd Combs for a broad role that includes advising Chief Executive Officer Jamie Dimon
The National Defense Authorization Act will be voted on by the House without the housing package that passed through the Senate Banking Committee unanimously.
The Consumer Financial Protection Bureau's acting Director Russell Vought has an obligation to request funding for the agency, five former Federal Reserve officials said. Plus, three nonprofits sue Vought and the CFPB.
The supersonic Concorde was one of aerospace technology's greatest achievements. However, its ultimate commercial failure should be a lesson for those pushing AI into banking. Advanced technologies often develop faster than consumers' ability to benefit from them.
Big banks with the strongest financial performance varied in asset size, geographies and services.
Each of the top-performing banks with more than $50 billion of assets used their own mix of revenue streams to drive performance.
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
The supersonic Concorde was one of aerospace technology's greatest achievements. However, its ultimate commercial failure should be a lesson for those pushing AI into banking. Advanced technologies often develop faster than consumers' ability to benefit from them.
The Consumer Financial Protection Bureau's acting Director Russell Vought has an obligation to request funding for the agency, five former Federal Reserve officials said. Plus, three nonprofits sue Vought and the CFPB.
The supersonic Concorde was one of aerospace technology's greatest achievements. However, its ultimate commercial failure should be a lesson for those pushing AI into banking. Advanced technologies often develop faster than consumers' ability to benefit from them.
The financial services industry is relying on outdated methods of detecting and fighting fraud. With the assistance of artificial intelligence, criminals are penetrating vulnerable systems. It's time for collective action.
The agreement, if approved by a federal judge, would end litigation over two distinct cybersecurity incidents in 2021 which affected over 2 million customers.
The U.K. bank's "Scam Intelligence" tool uses Google's Gemini to analyze images and texts for red flags, aiming to reduce losses from authorized push payment fraud.
American Banker's Most Influential Women in Payments share their views on artificial intelligence, hybrid offices, real-time payments and more.
Honorees from 2024's Most Influential Women in Payments, representing companies such as MoneyGram, Walmart, Segpay and more, share insights into how how artificial intelligence is changing their companies and their industry.
In her day-to-day job directing activities at the card network's Start Path accelerator, Sabrina Tharani helps nurture companies that are developing new payments products and services.
- Tarkowski, managing partner at Actuate Law, shares a legal perspective on the lawsuit that savings app provider Yotta filed against Evolve Bank & Trust in September and recently amended.Sponsored by IntraFi
- Sid Khosla, EY Americas banking and capital markets leader, predicts that, over the next two years, 20% of generative AI cases will drive 80% of the value across financial institutions. In this podcast, he explains what those use cases are and how banks can make the most of them.Sponsored by IntraFi
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Circle's Dante Disparte and Block's Owen Jennings discuss how blockchain, crypto and AI can combine to open new lanes for international commerce. Payment experts say banks need to play catch up.
December 4
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Congress' recent ban on nearly all forms of intoxicating hemp products signals a sharp political turn away from rescheduling, making the prospects for cannabis banking reform even more dim than they already were.
December 4
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After two successful international expansions, Junqueira aims to bring Nubank's products to U.S. consumers even as the neobank faces strong competition from U.S.-based banks and fintechs.
December 3
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A group of European banks have formed Qivalis, which expects to launch its coin in early 2026 as a counter to the U.S. dollar-led market. Plus, Singapore regulators give Ripple permission to expand and other news in the global payments and fintech roundup.
December 3
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Treasury Secretary Scott Bessent said the Federal Reserve Board should reject the renomination of any regional Federal Reserve Bank presidents who have not lived in their districts for three years, signaling a potential confrontation when reappointments come before the board in February.
December 3
