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As the class action lawsuit settlement industry became overwhelmed with fraud, a bank and a fraud scoring company teamed up to fight back.
May 23 -
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 -
In March, Vantage Bank, in partnership with Custodia Bank
May 22 -
So who's using stablecoins anyway? As banks, fintechs
May 22 -
Stablecoins—the crypto tokens pegged to fiat money or algorithmically engineered to hold a set price
May 22 -
The bank's LLM Suite, a portal through which all employees can use popular large language models, is American Banker's Innovation of the Year in the Generative AI category.
May 22 -
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Threat actors using artificial intelligence and other tools are putting a greater strain on banks' cybersecurity systems, and other institutions could be next.
May 22 -
The state supreme court agreed to review the ruling in favor of a group of Wall Street banks that whistleblower Edelweiss said cost the state at least $100 million.
May 22 -
Capital One's acquisition of Discover brings it to the top of the ranking.
May 22 -
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 -
Citizens reduced screen scraping 95% through application programming interfaces. Now it's extending them to business accounts.
May 21 -
President Donald Trump is making progress with tariffs and his tax and spending bill after a brief stumble earlier this month.
May 21 -
The top five credit unions in the ranking had combined deposits of more than $278 billion as of Dec. 31.
May 21 -
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 -
A Northern California judge has ruled that Yotta must specify Synapse's role in alleged fraud, as well as details of the fraud.
May 20 -
The Wall Street bank turned an idea from its Eaton Vance acquisition into a time-saving automation for responding to regulators' requests.
May 20 -
Now that Capital One Financial's bid for Discover Financial Services is finalized, take a look back on the hurdles the deal faced across its 15 month marathon.
May 20 -
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.
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