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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.
January 13 -
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.
January 13 -
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.
January 13 -
Mutual Federal Bancorp nixed its planned acquisition of Pulaski Savings Bank. It did not disclose a reason for the deal termination.
January 13 -
Standing on the sidelines when it comes to the implementation of artificial technology in the investment banking sector is no longer a viable strategy. Companies must move ahead, or risk being left in the dust.
January 13 -
Bankers are putting pre-established action plans for disaster recovery into motion as wildfires in Los Angeles sweep across the region.
January 13 -
Amendments to New York's cyber rules — and a focus on privacy in California — mean banks must enhance risk controls, encryption and customer protections.
January 13 -
The Federal Reserve Board on Friday approved UMB Financial's pending $2 billion acquisition of Heartland Financial.
January 10 -
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
January 10 -
The action rids the Montana bank of a $62.8 million loan that's long been on its watch list. It comes as First Interstate's new CEO looks to put his own stamp on the bank.
January 10