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The New Jersey bank, which has been investing in its capital markets business, recently helped the fintech lender Best Egg securitize and sell $160 million of loans.
March 6 -
Executives at American Banker's Payments Forum in San Francisco said artificial intelligence and embedded finance will dominate investments in the coming year.
March 6 -
H2O.ai, Ethos and Corridor Platforms are among the tech companies that have recently released software designed to help banks keep generative AI in check.
March 6 -
The Financial Integrity and Regulation Management Act would stop prudential regulators from writing rules or guidance that involve any use of reputational risk in supervision.
March 6 -
The Treasury secretary criticized post-crisis bank rules as outdated and burdensome, vowing to streamline financial regulation, revamp supervision and reduce constraints on private enterprise.
March 6 -
The nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau moves to the full Senate, where he's likely to be confirmed along party lines.
March 6 -
Following a record-setting 2024, only one transaction involving a credit union buying a bank has been announced so far this year. Seller concerns about regulatory approval and pushback from bank industry groups have contributed to the slowdown.
March 6 -
Jenkins succeeds retiring CEO Gary Regoli at the Florida-based credit union, which has acquired several community banks and launched a bitcoin service that it later shut down.
March 6 -
The company lets business owners comingle personal and business finances in one app.
March 6 -
A pair of Congressional Review Act resolutions directed at the Consumer Financial Protection Bureau's overdraft and larger participant rules are expected to make it to President Donald Trump's desk.
March 6