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The regional bank is taking its core transformation slow and steady, starting with deposits, according to Jay Poole, head of consumer products technology.
June 16
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The Federal Reserve will now disclose all entities that have access to its payments system, as well as those that are seeking access. The move ends a yearlong standoff with Congress.
June 16
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The Consumer Financial Protection Bureau plans to issue a larger participant rule that would allow the agency to examine consumer payment markets. The rule will allow the CFPB to examine and supervise Big Tech companies such as Apple, Alphabet's Google, PayPal and Square.
June 16
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Customers is also adding a team of bankers that had worked on the financing.
June 16
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The Bank of England is a step closer to launching its own digital currency after a yearlong project concluded the technology could support a "diverse range" of new ways to use money.
June 16
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In a speech, the Federal Reserve Board governor said tighter monetary policy is not to blame for the volatility seen in the banking system this spring.
June 16
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As it pushes the boundaries of its Midwestern footprint, the Columbus, Ohio-based bank is on pace to book more than 6,000 7(a) loans in SBA's 2023 fiscal year, the biggest total in seven years.
June 16
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FDIC directed three companies Thursday to stop making false and misleading statements about FDIC deposit insurance, its most recent effort to clamp down on misleading representations.
June 16
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House Financial Services Committee Chair Rep. Patrick McHenry, R-N.C., pressed the Financial Stability Oversight Council on the resurrection of its ability to designate nonbanks as systemically important.
June 16
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Sergio Fogel is taking on a new role as co-president and chief strategy officer to help the fintech battle rivals across the globe.
June 16
