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As the issuance of stablecoins by businesses outside the financial industry expands, some of the products and services traditionally handled by banks might begin to migrate to retailers and other market participants.
October 2
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Banks are scouring consumer complaints, bank accounts and loan denials to identify people and companies who they may have cut off from banking services amid a new push by the Trump administration to address allegations of political bias in debanking.
October 2
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As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.
October 2
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Department officials pushed back on criticism that a banner on its homepage violated a statute meant to curb partisanship in government operations.
October 1
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In a break from a 20-year history marked by losses and scandal, California International Bank in Westminster is on pace for its biggest-ever profit, its CEO says.
October 1
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The fintech Versatile Credit lets merchants provide point-of-sale credit to consumers in all FICO ranges.
October 1
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The industry has developed materials for banks looking to promote anti-scam awareness and more resources for banks.
October 1
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The first government shutdown since 2019 will slow flood insurance originations and new Small Business Administration loans, though self-funded banking regulators will continue operating as usual.
October 1
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Though small banks have a durable customer base in the small-business sector, the decades-long consolidation trend will likely speed up, according to a new report from Morningstar DBRS.
October 1
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Real-time cross-border payments are in demand, but lack interoperability — creating demand for Swift and Ripple to add new tech. Plus, PayPal pledges to add payment technology in the Middle East and Africa, and more international payments and fintech news.
October 1
