The Latest

These regulatory announcements in the banking industry are currently open to public comment.

Through a partnership with Axway, the bank aims to provide API-based data sharing and develop new products that leverage open banking.

The Florida bank is jumping on the strategy for general corporate purposes and a potential sale of its underwater bond portfolio.

The Consumer Financial Protection Bureau's research found that the majority of buy now/pay later users are subprime borrowers, holding high credit card balances and multiple loans, suggesting the offering is riskier to lenders than previously assumed.

A new AI regulation framework limits U.S. chip and software exports. Bank vendors are among the tech giants that say it's poorly timed and threatens innovation.

A cohort of bank industry interest groups called for the incoming Trump administration to pause all pending bank regulation and litigation and extend the timelines for implementing final rules issued by the Biden administration.

Shift4, whose CEO Jared Isaacman has been nominated by President-elect Trump to head NASA, will pay $750,000 to resolve claims that the fintech didn't report payments to the relatives of its executives.

Beau Cummins, a longtime Truist executive, stepped into the chief operating officer role in 2023 to help reposition it after years of lagging performance. The bank says he won't be replaced.

High winds continue to impede firefighters' progress in the Pacific Palisades and Eaton fires.

The Federal Deposit Insurance Corp. granted nonbank investment firm BlackRock an extra month to come to an agreement with the agency over its substantial stakes in certain FDIC-regulated firms, a matter that Republicans and Democrats have both expressed concern about.