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As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.
July 4
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Barclays led the sale, which consisted of three investment grade rated bonds and one rated junk.
July 3
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3
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Community banks that could reel in cheap deposits while keeping a lid on expenses were able to outperform peers in 2024.
July 3
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The president and his allies have stepped up their verbal attacks on the Federal Reserve and its chairman in recent weeks, and while the tough talk has not changed policy, it has sent a clear message to the financial sector.
July 3
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Backed by tech billionaires, the crypto-focused digital startup bank's timely application reflects the current administration's openness to new tech-driven banking models — and raises concerns about regulatory impartiality, considering its backers' political ties.
July 2
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The application follows on the heels of Circle and Wise, as crypto and payment companies seek crypto custody approval and direct access to the Federal Reserve payment system.
July 2
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American Banker Leaders Live session on the technology that is expected to have a significant impact on detecting and preventing fraud
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Michael Gibson, director of the Federal Reserve's supervision and regulation division, has accepted the agency's voluntary resignation offer and plans to leave this month after more than three decades at the central bank.
July 2
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The U.K. regulator clarified that such behavior at financial firms could ultimately lead to a ban from the sector.
July 2
