-
The markets are looking for a Fed pivot, but central bankers continue to say more hikes are coming and rates will stay higher longer. OANDA's Ed Moya joins us after the meeting to give a comprehensive look at what the Fed signals for the future.
-
A community bank in Missouri plans to offer fractional stock rewards later this year, while a small bank in Utah is winding down a similar program.
February 15 -
The Securities and Exchange Commission has proposed an expansion of its "qualified custodian" requirements to cover a range of assets, including virtual currencies. The planned changes to those long-standing rules might hit the crypto industry particularly hard.
February 15 -
More blockchain projects are attempting to sell hard assets including U.S. Treasuries, currencies and even private equity.
February 15 -
The Federal Deposit Insurance Corp. told a group of cryptocurrency platforms to stop making false claims that their crypto assets are insured.
February 15 -
-
United Arab Emirates plans to launch a central bank digital currency this year; Adyen adds travel payment cards; and more.
February 15 -
Sen. Elizabeth Warren, D-Mass., specifically called out acting Comptroller of the Currency Michael Hsu, saying that he "needs to learn how to say no to anticompetitive bank mergers."
February 15 -
Travel disruptions make it crucial for hospitality providers to handle bookings, cancellations and postponements — and the underlying payments and refunds — with ease. Software vendors are tailoring their products to address the needs of this and other niches.
February 15 -
The San Jose credit union elevated Lisa Pesta, who joined the company in 2000, to replace the retiring Julie Kirsch.
February 15 -
The banking industry appears to be stuck when it comes to diversifying the leadership ranks.
February 15
RSF Social Finance -
Domestic banks borrowed $7.2 billion from the short-term lending facility in the third quarter of 2022, the highest level in almost two years. Banks with assets of $3 billion or less drove the increase.
February 14 -
With Apple pushing into the lending business with a buy now/pay later service, the company is laying out rules for how it will approve transactions. One key factor: whether you've been a good customer in the past.
February 14 -
A federal judge in California ordered the high-cost lender CashCall to pay $134 million in restitution and a hefty fine for collecting unjust gains from consumers. He had previously ordered no restitution but was reversed by the Ninth Circuit Court of Appeals.
February 14 -
The Federal Reserve vice chair's departure creates an opening in the Board of Governors' second-in-command position.
February 14 -
The San Francisco bank entered into a multiyear partnership with Choice Hotels, which operates brands such as Radisson, Comfort and Econo Lodge. The company had previously partnered on its credit cards with Barclays.
February 14 -
The Philadelphia Fed president was slightly more upbeat about the latest inflation data than some of his counterparts.
February 14 -
The Federal Housing Finance Agency may have gotten more than it bargained for in its review of the Home Loan banks, but there is little doubt that the effort will result in significant structural change.
February 14
American Banker -
The personal financial management app, which has been downloaded 5 million times, was letting some users view emails and other personal information of other customers.
February 14 -
Comun is one of several emerging neobanks specifically for Latino immigrants to the United States, but it has a distinctive feature: The default language is Spanish.
February 14
























