In|Vest 2018 Direct

Credit risk transfers, a means by which banks can move risk off their balance sheets, earned considerable bipartisan support in a House Financial Services subcommittee hearing Wednesday.

Tether launches a wallet, Rain issues a crypto card and MoneyGram extends stablecoin services in El Salvador. That and more in American Banker's global payments and fintech roundup.

American Banker's 2026 AI Talent Shift survey found that half of all respondents said they are at least moderately literate in AI.

Treasury Secretary Scott Bessent on Wednesday defended cuts to the Community Development Financial Institution Fund in the president's 2027 budget, telling the Senate Appropriations Committee that the program had pursued a "partisan wish list."

The Cleveland-based regional bank plans to acquire Clearwater UK, a middle-market investment banking advisory firm. The transaction marks Key's first entry into the Western European market.

The card network and the video platform are issuing a credit card in the U.K. to address irregular compensation patterns for creators.

Robert Kazdin worked for 20 years in housing finance and mortgage regulation. He served as a director of mortgage credit pricing at Fannie Mae, as a senior examiner at the Federal Housing Finance Agency, or FHFA, and as a regulator at the Office of Thrift Supervision. He is currently retired.

Davide Santonocito is an AI Engineer and QA expert at Sollers Consulting, specializing in ensuring the reliability, performance, and governance of agentic AI systems in insurance.

The Consumer Financial Protection Bureau has finalized changes to Regulation B, which implements the Equal Credit Opportunity Act, to eliminate any liability for indirect discrimination by lenders. The change represents a major shift in how the agency polices lending discrimination.

Financial advisors can differentiate themselves by knowing when to apply the tax-friendly strategy — and when to take a pass.