Banking

Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely.

The human voice changes more quickly than you’d think, and this has to be taken into account by voice-recognition systems.

Wells Fargo has fired its consumer credit solutions head and three other senior managers for actions related to a scandal involving employees creating fraudulent customer accounts.

The Pittsburgh company is acquiring the U.S.-based commercial and vendor-finance operations of ECN Capital.

Citigroup agreed to pay a penalty of almost $5.4 million to settle a South African antitrust investigation that said it participated in an alleged cartel to manipulate the value of the rand.

Chief Executive Officer Stuart Gulliver is still battling to reverse five years of declining revenue as he pares back HSBC’s sprawling global footprint and reduces expenses.

President Trump is considering bankers and financiers, not economists, to fill vacant Fed seats; the ABA is launching an ad campaign to roll back the Durbin Amendment on swipe fees.

Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Apple picks up support in Australia; Ant makes more investments; Mastercard pushes tech in Russia; U.K. wants AML changes; NAB adds tech to health care pay.

In addition to transforming Columbia Banking System and navigating it through the financial crisis, Dressel was an industry leader.

First half: Brett King says the OCC fintech charter is overdue. Second half: fintech and refugees.

Michael Corbat is getting a pay cut for a year when Citigroup's profit fell 14% and return on assets failed to meet his 2016 target.

The number of new checking accounts at the embattled Wells Fargo fell by double digits year over year, and account closures remained brisk. Yet the figures on credit card applications were worse.

CUs celebrate the music of Harry Potter, real estate lending landmarks, and the credit union difference.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Ousted CEO John Dee Carruth is continuing his war of words against the state regulator, but he may not have much recourse under a provision of Alabama law.

Many bank overdraft-related practices favor profits over customer financial health, but those practices are driven in part by lost revenue from an ill-advised Dodd-Frank Act provision.

The Federal Trade Commission is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments.

RI’s State Treasurer will open deposit accounts with local CUs and banks.

Chatter about bank-nonbank combinations pops up frequently, as it did in a low-profile way this week, but there are reasons you should be skeptical even in these anything-could-happen times.

The Clearing House asks Fincen to do more to fight AML; two federal courts side with consumer agency in separate cases, including question about its constitutionality