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The leaders that saw their salaries skyrocket the most in 2024 had also gotten pay cuts in the prior year.
May 28 -
A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
May 26 -
With licensing bills progressing through both the House and Senate, stablecoins are poised to become part of the regulated financial sector. How the banking and payments landscape will respond to that is up for debate.
May 23 -
The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential payoff if the multiyear push goes well.
May 22 -
The Small Business Administration is implementing a freeze on new Community Advantage lenders, citing a surge in problem loans. The program grew during the previous administration as part of a push to expand the access that entrepreneurs who are members of disadvantaged groups have to capital.
May 21 -
The technology company is using its marketing and commerce platform BentoBox to improve diners' experience, even as analysts question the growth of its signature Clover system amid a crowded market for point of sale services.
May 20 -
Breaking into a new industry can be daunting, especially in a field as complex as banking. Here's how experts recommend getting started.
May 19 -
After a drop in fintech venture capital exit value from IPOs, neobanks and other financial tech startups are closely watching Chime's initial public offering.
May 16 -
The Pennsylvania company spent the last five years adding lines of business, cleaning up its balance sheet and leveling up its technology. This year, Customers needs to churn out consistent earnings to prove that the investments were worth the costs.
May 15 -
The Consumer Financial Protection Bureau has dismissed or withdrawn from more than 20 lawsuits as the Trump administration reverses the work done during the Biden era.
May 14 -
The 29 companies that made this year's list offered flexible work schedules, generous amounts of paid time off and fun activities to keep employees happy.
May 13 -
Bank advocates and lawmakers have endorsed removing management considerations from the key supervisory ranking, arguing that it is too prone to subjectivity. But some policy experts say doing so could leave certain risks unchecked.
May 12 -
Federal Reserve Gov. Michael Barr said global supply chain disruptions and inflation caused by tariffs could weigh heaviest on small businesses, especially those with little access to credit.
May 9 -
Julian, the bank's onetime audit chief, recently agreed to settle with the Office of the Comptroller of the Currency for a tiny percentage of the $7 million the agency had been seeking. In an interview, he spoke about the expensive legal fight and who bears responsibility for the bank's fake-accounts scandal.
May 8 -
AI agents have the power to automate a number of once-manual tasks: They can conduct background research, generate content, write code and analyze data. In their latest evolution, driven by Visa, Mastercard and other fintechs, payments are now on the menu of services.
May 7 -
The 10 winning innovations span categories from AI and payments to risk and compliance. An overall winner will be announced at American Banker's Digital Banking event on June 2.
May 6 -
Paper check use is dropping, but it's still high enough to be a fraud concern for banks. The Trump administration's move to mandate digital could force banks to dump paper once and for all.
May 5 -
After building capital for years in anticipation of higher requirements, banks now face a lighter regulatory outlook under President Trump. But experts don't expect capital levels to come down quickly.
May 2 -
A new survey conducted by IntraFi found that nearly three-quarters of bank executives say a recession is here or imminent, and tariffs now rank among their top three economic concerns.
May 1 -
By changing the form and function of the federal bureaucracy, questioning judicial review and launching a trade war, the president has injected uncertainty into a government built on predictability and process.
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