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The payment option has grown beyond underbanked consumers. For issuers, a $1 trillion market is at stake.

While banks are trying to advance, regulators are lagging, with outdated rules failing to address today's technological and digital asset realities. It's time for a new paradigm in banking regulation.

After a bloodbath that wiped out several trucking companies, a new U.S. Bank report on the industry signals its fortunes may be turning. The rebound, if sustained, may end the bleeding in bank loans to the sector.

Afterpay co-founder Nick Molnar will lead a centralized sales structure, part of a larger organizational change as the firm battles firms like PayPal and Stripe to reach merchants.

Financial institutions have trouble pinning down a common definition of AI and figuring out which of their processes incorporate the technology. That can lead to trouble with regulators.

A report by the FDIC Office of the Inspector General found the agency failed to sustain corrective actions, leading to a persistent environment of sexual harassment, distrust of management and fear of retaliation.

The cybersecurity company promised more rigorous tests for software updates after a widespread IT outage last month.

The KBW Nasdaq Bank Index was up 18% year to date through July, supporting expectations for more banks to use their shares as currency to take out competitors.

The 30-year fixed rate mortgage was at its lowest level since early February as the benchmark 10-year Treasury dropped under 4%.

Former employees' Minnesota lawsuit accuses the bank of overpaying for prescription drugs, claiming mismanagement of the bank's health plan drove up costs for workers.