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The card network's test enables consumers to round up transactions to the nearest $1, $5 or $10 for donations to the organization of their choice.

Frustrations with gatekeeping, a lack of diversity and the way home appraisal is overseen are spurring many practitioners to call for an overhaul of the industry's governance structure.

At an industry conference, a Federal Reserve official spoke about standardizing climate risk disclosures, while a representative from the Office of the Comptroller of the Currency examined the red-state backlash against banks that disfavor fossil fuels.

Bank of America is facing off in court with the bond insurer Ambac Financial Group in a $2.7 billion case that's one of its last legal hangovers from the subprime crisis.

The new Federal Reserve vice chair for supervision called for capital requirements that target higher-risk activities and more complex organizations; merger decisions that factor in a deal's impact on accessibility of financial services; and better tests for evaluating banks' preparedness for climate change.

The Phoenix bank is forming an executive leadership team that it said will ensure continuity within its senior ranks. The moves come five months after CEO Kenneth Vecchione received a contract extension through at least 2024.

The former Fed vice chair for supervision said the recent ruling in West Virginia v. the EPA will not 'gut' the administrative state, but it could be a needed restraint.

Smarter tech solutions can help banks worried about fines from regulators keep their employees on authorized apps and devices.

Celsius Network, the bankrupt cryptocurrency lender, may have hidden its financial trouble from its investors and "engaged in improper manipulation of the price" of the platform's tokens to boost the company's balance sheet and financials, according to a new court filing.

Pentagon Federal Credit Union recently sold $460.3 million in securities backed by prime auto loans.

Bosses are expecting workers to finally start showing up regularly at Manhattan offices that have been sparsely populated for more than two years.

The country's agricultural industry is struggling with rising costs, disrupted shipping routes and bombed-out crop fields. The Ukraine Agricultural Loan Reimbursement Program offers to ease the pain by covering 10% of principal payments for ag loans.

The bank received 341 technology patents in the first half of the year and says it has more patents than any other financial services company. However, executives have acknowledged that they aren't all usable.

In global news this week, Russia unveils its alternative to SWIFT, Revolut faces pressure in the U.K., Hong Kong reaches out for fintech talent, and more.

Mike Maguire will succeed Daryl Bible as the North Carolina bank's finance chief. Maguire has been in charge of Truist's consumer finance and payments businesses for nearly two years.

Federal Reserve Vice Chair Lael Brainard said Wednesday that there are signs that inflation is easing, but the central bank has no intention of laying off the throttle.

The credit-cards-as-a-service model allows small banks to develop more products — and keep more revenue — than they had when working with agent banks.

JPMorgan Chase has teamed up with the software firm Datamaran to develop a data-analysis tool for clients to gauge not just the environmental, social and governance risks facing portfolio companies, but also the ESG risks that such assets pose to the world around them.

Major foreign banks are just as important to the U.S. financial system as large domestic banks, and ought to be regulated as such.

The operational melding of highly regulated banks and less-regulated fintechs led acting Comptroller of the Currency Michael Hsu to warn of the potential for another financial crisis.