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Renée Sattiewhite has played a key role in the African American Credit Union Coalition for more than 20 years. "For me, if credit unions do not embrace DEI, they will die," she said.
November 7
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Gas, or the fee associated with crypto transactions, is spiking. Canvas and other tech firms are trying to ease this expense to promote the technology's use for payments and other financial services.
November 7
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In its inaugural Most Powerful Women in Credit Unions listing, American Banker is proud to share the stories of 25 of the women leading the credit union industry through times of rapid and unprecedented change.
November 7
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Winona Nava, who is retiring next year, took over Guadalupe Credit Union in 1991 when it had dwindled to just above $10 million of assets. Nava's immigrant-friendly policies led some staffers to resign in protest, but that didn't discourage her. "Everyone deserves to be treated with respect and dignity," she said.
November 7
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The North Carolina bank has made 11 insurance-related acquisitions in the last three years, and a top executive forecasts more buying chances as brokerage consolidation continues.
November 4
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The security company OneSpan has launched a new line of such products for financial institutions. Some are skeptical that stand-alone authentication devices are necessary.
November 4
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Open data could be a game changer for small and medium-sized businesses. We need a regulatory structure that recognizes this.
November 4
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The regional bank's play for a piece of the wealth management pie, under wraps for more than a year, has a unique twist.
November 3
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The interest paid on consumer deposits has barely risen despite the Federal Reserve's aggressive rate hikes, writes Sen. Jack Reed, D-R.I., in letters to seven of the largest U.S. banks including JPMorgan Chase and Wells Fargo.
November 3
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Executives from PNC, Regions and M&T are expressing confidence that their loan books can withstand a recession. "We don't see crisis-type things in front of us right now," said PNC Chief Financial Officer Robert Reilly.
November 3
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New York City's new pay-transparency law has a blind spot: Wall Street bonuses.
November 3
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Ally Financial and Truist Financial took different approaches to achieve the same aim: giving digital investing clients the option of speaking with an advisor.
November 3
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Six years after buying a bank, the New York company plans to sell its banking unit to a group of investors. The decision to refocus on its core businesses comes 18 months after Thasunda Brown Duckett took the reins as CEO.
November 3
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The Minneapolis bank disclosed the investigation four months after the Consumer Financial Protection Bureau reached a settlement with Bank of America over the distribution of unemployment insurance benefits on prepaid debit cards.
November 2
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The fintech plans to use the capital to scale its platform, which uses machine learning to make loan decisions, with a goal of reducing bias in underwriting.
November 2
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FDIC data shows an uptick in the number of Americans with access to basic banking services. That momentum has to continue.
November 2
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By partnering with well-known payment providers like PayPal, Apple and Google, Bitstamp hopes to reach a broader audience.
November 2
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How the small business market is evolving. Challenges ahead. What we (banks) need to be thinking about – payments space, staffing challenges, cost reduction, open banking. The bank's customer research and vision for the future.
November 1
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By analyzing financial transaction data, banks can discover a holistic view of their SMB banking customers' cash flow and business performance.
November 1
