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The Federal Reserve chair said banks are well situated to handle risks related to crypto customers, but added that regulatory scrutiny of banks' direct engagement with the assets will be greater than for simple custody arrangements.

In the fourth quarter, UMB Financial's earnings outpaced Wall Street's estimates — but the bank it's acquiring, Heartland Financial, fell short of them.

M&A, economic growth and artificial intelligence are among the leading issues banks will encounter this year, economists said.

The Czech Republic's central bank plans to shift billions of reserves to bitcoin. Plus Australia and the Netherlands crack down on BNPL, and other news from the world of payments.

A survey by American Banker indicates that check fraud is the top fraud concern for banks, especially smaller ones. This is driving spending to prevent it.

The nation's central bank held interest rates steady in its first decision of the year.

The Office of Management and Budget issued a sweeping directive Monday to overhaul the federal government to align with the Trump administration's priorities.

The Reno, Nevada-based buyer said it would pay $64.6 million in cash and stock for Cornerstone Community Bancorp, and it expects to close the transaction in the second half of the year.

Banks have faced considerable criticism for continuing to profit handsomely from their partnership with Big Oil in the face of a planetary climate crisis.

The National Treasury Employees Union told employees not to respond to the mass email asking federal workers to resign. The chief of staff at the Consumer Financial Protection Bureau said it is reviewing the directive.