-
The regulator cited anti-money-laundering deficiencies in its decision, signaling the government is keeping a close eye on the issue even in a broader deregulatory environment. That means fintechs will be recruiting compliance experts from banks.
July 24
-
The mortgage subsidiary of PlainsCapital Bank saw improvement in its bottom line but remained in the red amid ongoing affordability constraints.
July 24
-
The House Financial Services Committee's Republican majority backed slower funds availability and declined to shift authorized-scam losses onto banks.
July 24
-
BNY's Robin Vince and Nubank's David Velez have joined the boards of the OpenAI Foundation and OpenAI Group Public Benefit Corporation; Old National Bancorp has revamped its top leadership teams; City National Bank appointed Lindsay Dunn executive vice president and head of personal and business banking; and more in this week's banking news roundup.
July 24
-
The global co-head of J.P. Morgan's blockchain business unit says the financial services industry will be "replatformed."
July 24
-
The Long Island-based regional bank gave investors a mix of good news and bad news on Friday, as it continues its strategic overhaul.
July 24
-
The head of global operations at Anchorage Digital said she's encountered a lot of skepticism about the need for digital asset infrastructure.
July 24
-
The chairman and CEO of Vast Holdings, parent of Vast Bank, believes banks that don't embrace innovation will be at risk.
July 24
-
The chief operating officer of Bitgo says banks will need flatter organizations when they participate in on-chain finance.
July 24
-
CEO Steve Squeri said the company is adding fewer customer service representatives and is cutting down on a backlog of technology projects.
July 24
