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Merling is one of American Banker's Innovators of the Year.

Bonds backed by car loans made by U.S. Auto Sales and American Car Center, two used-car dealers that shut their doors earlier this year, have been veering into distress in recent weeks. Meanwhile, borrowers have been falling behind on payments.

The Federal Reserve's instant-payments rail may cut into card issuers' credit and debit card volume over time, but it could also help smaller institutions expand their services.

The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.

So-called quantum key distribution is a type of cyberdefense that financial institutions think could help protect trillions of dollars of transactions from increasingly sophisticated hackers in the future. 

As President Biden tries to revive a key campaign promise to provide widespread debt relief to student-loan borrowers after a Supreme Court setback, legal experts warn that he's likely to encounter a fresh wave of lawsuits challenging his authority to act without congressional approval.

Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank's cards as the frenzy to get hold of the pop star's Singapore concert tickets heats up.

Synthetic fraud — which combines real and false identifying information — has been a niche variety of identity theft for some time. But recent advancements in artificial intelligence and people's access to it might bring it into the mainstream in a big way.

Banks know what they're looking for. Here are key ways to show them that you can bring it to the table.

The change comes as the Securities and Exchange Commission labeled the tokens as unregistered securities in its lawsuits against the crypto exchanges Coinbase Global and Binance Holdings in June.