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The state would join New York in governing the up-and-coming credit product. Industry and consumer advocacy groups say there's still room for improvement.
June 17
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The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
June 17
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The payment company is "exploring options" for PayPal Ventures as new CEO Enrique Lores tries to reverse an earnings slump.
June 17
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The Spanish banking giant's pending acquisition of Webster Financial is still awaiting approval from the Federal Reserve Board and the European Central Bank. The deal is expected to close during the second half of 2026.
June 17
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As the Ohio-based bank absorbs a pair of banks in Texas, it's also enhancing its ability to quickly move larger sums for business clients.
June 17
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Kristin Milchanowski, the bank's chief AI and data officer, shared some of her AI leadership do's and don'ts at American Banker's Digital Banking Conference.
June 17
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Regulators have suggested changes to the ratings system they use to gauge banks' safety and soundness that would reduce scrutiny of management quality. It would leave them blind to clear signs of future problems.
June 17
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The new Fed chair takes his seat for the first time but may find it was easier to be an outside critic than inside leader.
June 17
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A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.
June 16
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The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
June 16
