PayPal agrees to a $7 billion BNPL loan purchase agreement with Blue Owl Capital, while Revolut, which is building a financial superapp, is looking for permission to offer more banking products. That and more in the American Banker global payments and fintech roundup.

The American Bankers Association's Economic Advisory Committee expects the economy to grow, albeit at a slower pace than it previously anticipated. The group pointed to stubbornly high inflation and a weakening job market.

The president is charging $100,000 for H-1B visa petitions that allow skilled workers to migrate to the U.S. Here's a look at the impact on banks and payment firms.

With a risk-based capital percent double what's considered well-capitalized, Cai-Lee is thriving in her goal of building a financial institution for the next generation of small and medium-sized businesses – while grappling with an FDIC consent order.

Miller, who has been at BofA for nearly three decades, said that banking "is a trust business."

Oliver, who has been in banking for more than 30 years, will retire at the end of October.