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The Treasury Department Wednesday proposed a set of rules that would require stablecoin issuers to abide by risk-based anti-money laundering programs similar to those that banks must employ, as well as secondary market monitoring and independent testing by issuers. 

Closing its Brex acquisition adds a corporate-focused fintech and new agentic commerce tools to an already considerable consumer payments division.

Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.

Santander U.S. and Webster Financial are doing integration work in advance of their pending merger, including naming business-line leaders, the banks said in separate notes.

The FDIC board voted unanimously to issue a proposal putting a rebuttable ban on bank-issuers paying yield on stablecoins, another narrowing AML requirements and a third prohibiting examiners using reputational risk in exams, outside of operational or financial risks.

The neobank is rolling out Chime Prime, a new membership service that rewards customers for making Chime their primary bank account.

The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.

Swiss banking giant UBS tried to get a federal court to reject new allegations that Credit Suisse, which UBS acquired in 2023, had concealed Nazi-linked assets.

Goldman Sachs comes under fire for its commitment to diversity, and Jamie Dimon sounds like he's running for something.

The investment bank is the target of a campaign by Color of Change, a racial-justice advocacy group that's accusing Goldman of retreating from its diversity commitments.

From the war in Iran to reviving the American Dream, the CEO of JPMorganChase has a lot on his mind. Here are five takeaways from his message to shareholders.

The partnership between the long-established bank and the fintech brokerage will handle the development of the government-owned account platform behind the new government-seeded retirement accounts for children. 

New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink.

The Cincinnati bank's Newline business is now its fastest growing commercial payments segment.

The Trump DOL has said it "has no current plans" for further rulemaking, but that contradicts its own notice of potential regulation last year.

Visa has deployed advanced artificial intelligence to help solve payment disputes and expedite corporate bill pay; while Mastercard adds Hong Kong to its global agentic commerce network.

The proposal allows states substantial flexibility but sets guardrails against regulatory arbitrage.

Banks have a lot to celebrate in the operational risk framework, but advocates warn it cuts capital too far.

Hope Bancorp's acquisition of a business that serves Japanese companies should complement its historic focus on Korean business owners.

The Department of Justice is seeking court approval to immediately fire more than 600 employees, slashing the CFPB's workforce by 53%.