Special Program Root Tag

The U.S. card brands plan to acquire European firms for security and subscription payments, while Bank of America seeks new markets for its virtual B2B business and JPMorgan Chase's blockchain unit gains ground.

Many people are jumping on the AI bandwagon without asking the most basic questions. FICO Chief Analytics Officer Scott Zoldi, who holds a Ph.D. in theoretical and computational physics from Duke University, has been in the business long enough to see the warning signs.

The top five credit unions have combined first mortgage loans and lines of credit of more than $104 billion as of June 30.

In their only vice presidential debate, Democratic nominee and Minnesota Gov. Tim Walz talked about how housing should not be considered a "commodity," while Republican Sen. J.D. Vance tied housing shortages to illegal immigration and government regulation.

The Federal Housing Finance Agency has proposed a change to capital rules on interest-bearing deposit accounts that would increase the Federal Home Loan Banks' flexibility to manage liquidity during times of stress.

Our annual list of the top five teams in banking.

By collaborating across business lines, the enterprise payments team has been able to quickly share innovations and lessons learned from across the bank.

The scuttled acquisition deal with TD Bank challenged the executive management team at First Horizon to come up with a plan to calm investors' and customers' nerves.

When BMO acquired Bank of the West, BMO's integration team was tasked with completing more than 1,500 requirements to unify hundreds of systems, including products, services, technology and processes.

The commercial bank team worked together to grow the bank's commercial business during a challenging year.

Zions Bancorp.'s core systems team has spent more than a decade transforming the digital system that acts as the hub for all deposit and loan accounts at the bank.

In September's roundup of top banking news: Check fraud goes viral at JPMorgan Chase, Truist Financial resets its tangible common equity target, Wells Fargo faces new AML woes and more.

The Consumer Financial Protection Bureau's open banking rule is supposed to put small banks on a more even footing with their larger rivals. But PNC CEO Bill Demchak says larger banks' advantages in tech and economies of scale will win the day.

The Federal Housing Finance Agency issued guidance to ensure the Federal Home Loan banks are lending based on the credit worthiness of the member bank, not solely on the quality of the collateral.

If the government forces the card giant to reduce control over security gateways, firms that sell debit processing and adjacent payment tools to banks such as FIS and Fiserv could cash in.

Thurlow has been the CEO at Reading for 18 years, and will finish her stint as chair of the American Bankers Association in October.

Oliver left KeyBank in 2017 to be president and CEO at the regional Cape Cod bank, known as "The Coop."

Moore-Wright is the chief teammate officer at the $520 billion-asset Truist.

Popular promoted Castellví to chief security officer in 2018; she had been general auditor. She reports to CEO Ignacio Alvarez and leads a team of more than 350 employees.

Cai-Lee, CEO of $596 million-asset Piermont, founded the bank in 2019.