Banking

The payment company is expanding the Afterpay buy now/pay later network and offering a Cash App mobile plan as it tries to draw consumers from legacy financial institutions and rival payment firms.

Senators from both parties criticized banks over overdraft fees, though populist Republicans and their more establishment conservative colleagues were split over whether blame for the problem lies with banks conduct or the consumers.

Insurance companies are increasingly shifting their assets into offshore vehicles, where they are being used for…what exactly? We don't know, and that's the problem.

After encountering a rough patch in 2023, seller 1895 Bancorp in Greenfield, Wisconsin, hired an investment bank to consider strategic opportunities.

Kasisto developed one of the first conversational AI chatbots for banks, and the deal brings its technology to Backbase's new AI-based bank operating system.

As fintech firms rush to take advantage of a new regulatory attitude toward bank charter applications, their leaders are about to step into a very new compliance environment. They need to understand what they're getting themselves into.

The service is an alternative to an IPO or a special-purpose vehicle, the bank says.

The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.

JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.

Credit unions have a long history of serving diverse members. In a climate where programs designed to promote diversity, equity and inclusion are under constant attack, they should double-down on that commitment.

Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.

The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.

At least nine Dallas-area institutions have agreed to sell themselves since late 2024, with the Oklahoma City-based MidFirst Bank's deal for Dallas Capital marking the latest transaction.

As banks have adopted multifactor customer authentication systems, they have inadvertently made it more difficult for many disabled customers to access their accounts. The fix is less complicated than it appears.

The Cincinnati bank has launched a navigational aid to help customers get to what they need in fewer steps.

The Spanish banking giant's pending acquisition of Webster Financial is still awaiting approval from the Federal Reserve Board and the European Central Bank. The deal is expected to close during the second half of 2026.

Kristin Milchanowski, the bank's chief AI and data officer, shared some of her AI leadership do's and don'ts at American Banker's Digital Banking Conference.

A collaboration between the bank and Edward Jones was honored as American Banker's top 2026 Innovation of the Year at the Digital Banking Conference.

The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.

The fintech's recently installed U.S. CEO said at American Banker's Digital Banking conference that Revolut's goal is to become "the first truly global bank."