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Market Intelligence:
AI
Payments
Research
Industry Data
  • 401(k)
    JPMorgan chooses Vestwell's tech for small-business 401(k) services

    The fintech already has a number of large bank partnerships, including Morgan Stanley at Work and Wells Fargo.

    By Miriam Cross
    Tech Reporter
    May 12
    Aaron Schumm, founder and CEO of Vestwell
  • Credit unions
    Launching a credit union? A recession might help.

    Generations United Federal Credit Union's first president and CEO, John Linzey, expects to attract the very customers that banks might turn away if the economy sours.

    Ken McCarthy Author Image
    By Ken McCarthy
    Reporter
    May 12
    John Linzey.jpg
  • Consumer banking
    Rise in consumer loan delinquencies signals end of pandemic trend

    Delinquency rates in credit cards, auto and personal loans are effectively back to normal after three years of unusually strong credit performance. Industry executives say the current situation is easily manageable, but they do anticipate that key metrics will continue to worsen.

    By Polo Rocha
    Staff Writer
    May 11
  • Credit unions
    How one Michigan credit union is empowering members fighting debt

    Michigan State University Federal Credit Union is partnering with Debbie, a Miami-based fintech that helps consumers break free of delinquency and correct bad spending habits, to strengthen its financial education tools and build its deposit base.

    By Frank Gargano
    Data Reporter
    May 11
  • Payments
    Inside Amex's quest to digitize business payments

    The financial institution has released a series of new products in response to a slew of competitors pursuing corporate treasury management clients.

    By John Adams
    Executive Editor, Payments
    May 11
    R.J. Ancona-Amex
  • Commercial banking
    BankUnited seizes recruiting opportunity in wake of failure

    The Florida lender hired corporate bankers in New York City who had previously worked at First Republic Bank, which collapsed last week.

    By Jim Dobbs
    Deputy Editor, Community Banks
    May 11
    bankunited-012417
  • Community banking
    'Very tenuous environment': Another bank merger canceled

    MVB Financial's agreement to buy Integrated Financial Holdings has fallen through, with both sides citing an uncertain economic outlook and potential regulatory challenges. It's the second M&A deal to be scrubbed in the past week.

    By Jim Dobbs
    Deputy Editor, Community Banks
    May 10
    MVB Bank branch picture.jpg
  • Social Security
    Neobank for 62+ crowd touts early Social Security withdrawals

    Charlie, a digital banking service, will advance users their Social Security benefits and will try to act like a "smart, kind and trusted nephew."

    By Miriam Cross
    Tech Reporter
    May 10
    Kevin Nazemi, co-founder and CEO of Charlie
  • BankThink Outdated laws are denying banks access to a vast source of capital

    Antiquated rules separating banking and commerce are preventing an infusion of capital that would revitalize the banking market.

    May 10
    Ram Ahluwalia
    Ram Ahluwalia
    Lumida Wealth Management
  • Consumer banking
    Capital One returns fire at Walmart as credit card deal sours

    The retail behemoth alleged in a lawsuit last month that Capital One fell short on customer service. But the McLean, Virginia-based bank says ending the partnership would open a path for a rival offering from a Walmart-backed fintech venture.

    By Kevin Wack
    Banking Editor
    May 9
    Capital One - Walmart
  • Politics and policy
    Senate Democrats press bank CEOs on late fees

    Sen. Elizabeth Warren, D-Mass., led a group of Democratic lawmakers in writing to executives of large credit card issuers on their late fee policies and costs.

    Claire Williams, staff writer, American Banker
    By Claire Williams
    Reporter
    May 9
    Elizabeth Warren
  • Industry News
    Fewer Wall Street firms are requiring full-time office attendance

    Just 20% of financial-services companies require full-time in-office work, according to a new survey of 251 industry firms by Scoop, which helps companies coordinate hybrid teams.

    May 9
    wall-street-sign.jpeg
  • Payments
    How women payment execs navigate careers, leadership and mentoring

    Workplace culture is changing as rapidly as transaction technology. Some of the industry's leaders discussed the new culture at American Banker's Payments Forum.

    By John Adams
    Executive Editor, Payments
    May 9
    Wang-Carol-KeyBank
  • Payments
    PayPal CEO: AI will lower costs for 'years to come'

    Dan Schulman plans to accelerate moves into advanced machine learning, checkout and merchant services to add speed and efficiency to product development.

    By John Adams
    Executive Editor, Payments
    May 9
    PayPal CEO Dan Schulman
  • Technology
    Central bank digital coin would be more useful than cash, but cash likely to remain

    A recent study looked at government-backed virtual currency.

    Gaetano-Chris
    By Chris Gaetano
    Technology Editor
    May 9
    Blockchain coding image
  • Banking Crisis 2023
    For Fed supervision, cultural shortcomings are nothing new

    The Fed's report on the failure of Silicon Valley Bank describes a "shift" in supervisory culture that began five years ago. Some say the issue is much older than that.

    Kyle Campbell, Washington bureau, American Banker
    By Kyle Campbell
    Staff writer
    May 8
    Randal Quarles, vice chairman of supervision at the Federal Reserve
  • Commercial banking
    Midsize banks tighten up on commercial credit, Fed survey says

    The Federal Reserve's survey of senior loan officers is being closely watched since it follows the recent turmoil in the banking industry, which has prompted concerns that a pullback in bank lending could slow economic growth.

    By Polo Rocha
    Staff Writer
    May 8
    Loan decision - approve or reject
  • Consumer banking
    With TD's acquisition called off, so is its community benefits plan

    Because the Canadian bank pulled the plug on its takeover of Memphis-based First Horizon, a deal it negotiated with community groups won't take effect. Still, community groups are asking TD to uphold portions of the agreement.

    Jordan Stutts Author Image
    By Jordan Stutts
    Reporter
    May 8
    TD - First Horizon
  • Women in Fintech
    Most Influential Women in Fintech

    American Banker's editorial staff honors 20 women who are leading in all areas of fintech, including startups, venture capital firms, accelerators and law firms.

    By Editorial Staff
    May 8
    2023_AB-WomenFintech-Logo_Final_AB-Influential Women in Fintech.svg
  • Digital banking
    Innovators of the Year

    American Banker's editorial staff chose 20 leaders who have done groundbreaking work during the past year.

    By Editorial Staff
    May 8
    2023_AB-Fintech-Innovators Logos_Final.jpg
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23RD ANNUAL THE MOST POWERFUL WOMEN IN BANKING

Meet The Most Powerful Women in Banking 2025, our annual ranking of the executives at the pinnacle of the industry.

ABM1025_Cover.jpg

Download the American Banker app

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