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Scotiabank was the only large Canadian lender to shrink its domestic mortgage book last year, and it actively sought out more core deposits to lower its cost of funding.

The San Francisco neobank made "occasional mistakes" regarding its responsiveness to customer complaints, according to the California Department of Financial Protection and Innovation.

The Toronto-based company wrung out $800 million USD in cost savings in connection with last year's acquisition of Bank of the West, a bright spot in an otherwise tough quarter across most business segments.

Federal Reserve Vice Chair for Supervision Michael Barr said in a speech Tuesday that banks might need to establish margin to counteract counterparty risks presented by private funds.

Klarna, the Swedish fintech that was once Europe's most valuable startup, is moving forward with plans for a potential U.S. listing that could be one of the largest listings this year, according to people familiar with the matter.

Many banks could benefit greatly from overhauling their internal culture when it comes to meetings. Both performance and morale stand to benefit.

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.

American Banker's Most Influential Women in Payments share their views on artificial intelligence, hybrid offices, real-time payments and more.

The Salt Lake City company has promoted Paul Burdiss, its chief financial officer, to succeed A. Scott Anderson as president and CEO of its banking unit. It also named a new CFO and a new general counsel.

The Fort Lee, New Jersey, company has hired a pair of veteran investment bankers to lead an effort serving fintechs' capital market needs. It described the move as "doubling down" on its commitment to the sector.