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Card networks, fintechs and Walmart have started major account-to-account payment initiatives in the past few weeks.

The Federal Deposit Insurance Corp. and Texas banking regulators issued consent orders against Industry State Bank, Fayetteville Bank and Citizens State Bank, requiring major overhauls of their management, capital and risk controls.

The Green Bay, Wisconsin-based bank said the 16 lenders it's added have helped drive meaningful loan pipeline growth, and that another 10 new hires are expected by early next year.

Executives at the Boston-area mutual bank said its digital-only division's growth is accelerating, even as more banks enter the space.

The rule, finalized Tuesday, enables consumers to share their financial data with third parties. Here are the implications for banks.

The bank, which is rebranding to Flagstar Financial, still expects to meet 2027 earnings goals, despite reduced profit projections for the next couple of years.

Banks' compliance teams have often been the source of innovative technologies with applications far beyond financial services. That is likely to hold true with artificial intelligence-related compliance solutions.

The president of U.S. Bancorp reflected on the progress women have made, and the work left to do, at American Banker's Most Powerful Women in Banking gala.

The credit card heavyweight said that it expects its acquisition of rival Discover will close in early 2025, pending the approval of shareholders and regulators.

The Federal Reserve said it identified consumer compliance deficiencies in a recent examination of Washington State-based UniBank.