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The Wyoming-chartered digital asset bank is mounting a court challenge over how the Federal Reserve issues master accounts to applicants. Whatever happens, the suit will have broad consequences for the central bank and the banking industry.

The fintech is working with third-party marketplaces and similar partners to deliver its newest services, rather than try and sell directly to end users.

Even as DeFi remains mostly unregulated, it offers no shield against the legal consequences of alleged fraud.

Executive coaching programs and specialized employee resource groups have helped financial institutions broaden their available pools of talent and ensure more representation throughout all levels of management.

After a slow start, the Federal Reserve got its efforts to combat runaway inflation up to speed quickly, implementing tightening monetary policy at the fastest rate seen in decades. Here's a hike by hike breakdown.

Among U.S. financial regulators, Chopra is the one who bankers fear the most. His agency is expected to battle with the financial industry in 2023 on topics ranging from discrimination to fees and the bureau's funding mechanism.

The U.S. Virgin Islands is suing JPMorgan Chase for "turning a blind eye" to former client Jeffrey Epstein's sex-trafficking on his private island there.

Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.

Analyst estimates show the six banks are quickly closing in on that financial high water mark and that if they don't reach the milestone at the end of this month, they will sometime in the first few weeks of 2023.

The New Canaan Bank would have been the state's first de novo in more than a decade.

Your best future employees aren't looking for banking jobs. Successful hiring requires actively seeking out talent.

At the start of 2022, banks sat atop a flood of deposits. But as the year progressed, they faced greater pressure to pay higher rates, and the trends that drove the rapid shift show no signs of abating.

A new law in New York nearly doubles the required shelf life of gift cards to nine years, as more states move to wipe out expiration dates contributing to $21 billion in unused U.S. gift card balances.

In global news this week, Payments Canada asks to expand its membership, JCB extends acquiring and processing into Thailand, Brazil adopts a new bitcoin law, and more.

Phishing and ransomware attacks were among the deadliest for financial institutions in the past year.

The pandemic-era's surge of short-term, interest-free online loans from buy now/pay later fintechs ignited wide-ranging competition from newcomers and legacy providers alike.

Horizon Technology Finance's Daniel Trolio discusses market strengths, growth challenges, and why Horizon sticks to tried and true capital partners.

The Amesbury-based bank reported solid growth and profitability throughout Dave Mansfield's 9-year tenure. The decision followed news of losses tied to the bank's move into digital-asset lending, though the bank has yet to file a 10-Q for the third quarter.