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The Columbus, Ohio-based company plans to acquire Veritex Holdings, which has grown into one of the Lone Star State's biggest commercial banks over the past 15 years.
July 14 -
Major nonbank financial trade groups asked Treasury Secretary Bessent to scrap 2023 guidance expanding nonbank designations, citing cost and competitiveness concerns.
July 14 -
As we enter one of the banking industry's most extreme cycles of deregulation, we should remember it doesn't always work, especially when supervisory police are reduced and consumer protection guardrails are removed, resulting in a high-speed lane for risk-taking banks and nonbanks.
July 14
K.H. Thomas Associates -
Increasing community bank and credit union adoption is a key pillar of the P2P payment network's strategy as it looks to increase its network effect and penetrate into small-business payments.
July 14 -
Cyber firms are teaming up with cloud providers to build faster, smarter AI-powered defenses.
July 11 -
Intuit and Ramp, two firms that work with fintechs that compete with banks, are using agentic artificial intelligence to automate mundane tasks.
July 11 -
The Department of Housing and Urban Development reiterated it has withdrawn a number of FHA mortgagee letters related to appraisals.
July 11 -
The digital bank had previously notified about 1,000 business customers that they would lose access to their debit cards for a week, amid a systems update.
July 10 -
Jonathan Gould, who's worked in the crypto industry and has advocated for more fintech and crypto-friendly regulation of banks, was confirmed by the Senate Thursday. He is expected to both continue deregulating the banking sector and encouraging bank-fintech partnerships.
July 10 -
The president's ongoing effort to push Fed Chairman Jerome Powell out of his job are part of a dangerous effort to undermine the central bank's nonpartisan monetary policy processes.
July 10
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The AI and cybersecurity-focused startups completed the vetted proof-of-concept program to prepare for their next level of growth.
July 10 -
The megabank announced it would invest $16 million to grow its footprint in the North Carolina banking mecca.
July 9 -
The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
July 9 -
The case has put chief information security officers on notice that they could be personally liable for false statements about security policies and practices.
July 9 -
The group expressed concern with the White House proposal to reduce the program's funding, and urged Appropriators to fund the bipartisan-backed Community Development Financial Institutions Fund.
July 9 -
The union representing the Consumer Financial Protection Bureau in their suit against mass firings at the agency said the Supreme Court's ruling allowing President Trump to proceed with mass reductions-in-force elsewhere does not impact the union's lawsuit.
July 9 -
The bank worked with Atomic to embed the digital payroll deposit manager into its mobile banking app.
July 8 -
The markets are waiting for the Federal Open Market Committee to make its next move.
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Comerica and U.S. Bank are applying new tools that attempt to take the worry out of real-time transactions made on behalf of third parties. Comerica payments exec Allysun Fleming spoke about the bank's plans.
July 8 -
The volunteer firefighting crew in Kerr County was the target of impersonation scams on the digital payments platform for donations to relief efforts.
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