Michael Fess

Michael Fess, manager of Financial Systems Adminstration for Lexis-Nexis.

TRENDING

Politics and policy

Why are Republicans trying to nullify bank rules? Blame the coming election.

Congressional Review Act resolutions are ramping up ahead of the 2024 election cycle. Experts say that, although none are likely to become law, the resolutions are still powerful messaging and political tools.

By Claire Williams

19m ago
Payments

Stripe unbundles payment processing from its other offerings

The payment processing firm said that companies will no longer be locked in to processing payments with Stripe in order to access its other products.

By Paige Smith, Bloomberg News

1h ago
Fraud prevention

Sharing fraud data is hard. Two industry efforts aim to make it easier.

The ABA is testing an information-exchange network to allow banks to share their fraud data with each other. Companies including Baselayer are also building solutions.

By Carter Pape

2h ago