In|Vest 2018 Direct

House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges to include it in a must-pass tax bill this year.

The president has signed dozens of executive orders touching a wide range of government functions, but banking policy has largely gone untouched — so far.

Claribel Lizardo-Gonzalez is the Director of People and Culture at Hack.Diversity, a nonprofit that partners with organizations to tap into the full potential of the talent landscape and co-design impactful strategies to transform the workplace for all employees. The nationally recognized nonprofit has grown into a movement of belonging in the tech workplace, achieving generational wealth-building impact for 500+ technologists in Boston and New York City.

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions. Ally CEO touted the move as "the power of focus."

The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, though some claims were dismissed.

The e-commerce giant has added payment and credit products, though it faces heavy competition from banks and other tech firms. Also, Stripe's layoffs and other news from the world of payments.

Mercantile Bank Corp. in Grand Rapids achieved a 20% increase in deposits in 2024, an amount that was ample enough to fund robust loan growth and scale back reliance on costlier wholesale funding.

The New York Department of Financial Services has proposed several changes to overdraft fees including banning banks from charging more than three overdraft or nonsufficient funds fees per consumer per day.

Alex Ford is the global chief revenue officer and president of North America with Encompass Corporation. In 2024, she was named one of American Banker's Most Influential Women in Fintech.