Daily Edition

The Raleigh, North Carolina-based company, which has been acquisitive in recent years, is more than halfway through a $3.6 billion share-repurchase plan. Executives said it's the best way to return capital to shareholders, but mergers remain part of its long-term strategy.

The credit card issuer trimmed its outlook on revenue and average loan growth, but maintained its target for net loss rates against the backdrop of an otherwise solid quarter. The company also announced a new co-branded credit card with Crypto.com. 

Credit unions are continuing to buy community banks, although at a slower pace than in 2024.

The British fintech last year added six sources to its Karma system, which allows employees to gain or lose points based on their behavior. Those points help determine bonus payments.

The USDC issuer is trying to connect financial institutions across borders for instant settlement, an industry goal that has proven elusive.

The Federal Reserve governor remains optimistic about tariffs being a one-time shock to prices, but the central bank still needs more clarity about what the policies will look like.

The 11 Federal Home Loan banks play an essential role in the housing market and in local economies. Cutting their community ties would damage their ability to fulfill that mission.

Revolut served more customers than HSBC last year. The British fintech aims to launch its Mexican bank in the coming months.

Small-business owners will be given the option to tap into anywhere from $50,000 to $500,000 in financing.

As criminals embrace new tools to exploit payment systems, Visa reports that older methods like enumeration and digital skimming are still thriving.

The Wall Street giant's say-on-pay resolution garnered 66% support, down from 86% last year. Other banks' pay packages are also facing opposition from proxy advisory firms.

A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.

The bureau dropped the case against the subprime card lender with prejudice, following a number of similar actions taken under the Trump administration.

The acquisition brings Demyst's data orchestration tools to Feedzai's platform, a move aimed at reducing financial crime and improving compliance in banking.

BCB Bancorp in Bayonne, New Jersey, swung to an $8.3 million loss in the first quarter due to a troubled cannabis loan. The crowded weed marketplace in the New York area is leading to tighter margins.