A well-intentioned report from federal banking regulators was flawed in recommending that only insured depository institutions be permitted to issue stablecoins. Here's why.

Alternative lenders, which often use aggressive underwriting tactics to generate high returns, were closing in on banks even before the pandemic. Now they've pulled ahead.

The firm's global head of transaction banking says practicing meditation helped him manage a team that built a new corporate banking platform. His leadership of the project was one reason Moorthy was selected as a finalist for American Banker’s Digital Banker of the Year.

After more than a year of collaboration, the Minneapolis bank is buying the company to enhance its corporate expense and travel management offerings.

Backups at ports have created inventory and cash-flow challenges for many businesses. Bank of the West, Swift, SAP and others are offering customers faster payments services, short-term loans and virtual cards to ease liquidity pressures.

If the French megabank retreats from the U.S. retail banking market, it would be the fifth foreign-owned company to do so in the past 12 months.

KeyCorp, Zions and Capital One are among the companies making big moves in a sector that is growing fast and viewed as recession-proof.