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Barclays plans to hire more than 1,000 staff in the coming weeks to help consumers manage their finances through the looming downturn, according to its CEO.

"Right now, we are seeing nothing but stability," Visa CEO Al Kelly said. But the card network is hedging its bets against a broad downturn by diversifying its opportunities and accelerating new use cases and markets for direct debit payments.

Refining internal processes and reassessing daily workflows is more important than ever at a time when bankers are frequently asked to do more with less.

The Federal Deposit Insurance Corp.'s solution to add the ombudsman to an appeals committee as a nonvoting member wouldn't be enough to ensure the independence of the appeals process, banks said.

The green light from the central bank is the latest in a series of approvals of billion-dollar bank mergers. However, the Columbia-Umpqua deal is still waiting on a thumbs-up from the Federal Deposit Insurance Corp.

New developments in the banking app space include apps for Gen Z bankers and the relaunch of Google Wallet.

The Indiana company reported strong growth in profits and loan income, and it hopes its addition of more than two dozen wealth management and commercial banking specialists will help beef up what one analyst called "softer than expected" noninterest income.

Visa and its rivals have seen spending increases cool with inflation soaring to once-in-a-generation levels.

The Young Women's Leadership Award winner and aspiring architect organizes others to advocate for the environment and human rights.

The bank is adding forecasting to its Intelligent Receivables product, which uses artificial intelligence to match business customers' incoming cash to open invoices.