Commercial banking

The Federal Open Market Committee member is the third Democrat the Trump administration has accused of committing occupancy fraud.

The Charlotte, North Carolina-based bank, which is focusing its growth push in the Southeast, is also planning to renovate 300 existing offices as part of an effort to attract more mass-affluent customers.

The Swedish financial institution will sell future buy now/pay later originations to Nelnet. Also, RBC and BMO may sell their payments joint venture; and other news in the global payments and fintech roundup.

Scott Simpson, the next CEO of America's Credit Unions, talked to American Banker about how he plans to fend off a "clear attempt to try to destroy the business model."

Vall Herard is the founder and CEO of Saifr, a RegTech incubated within Fidelity Labs. He specializes in the intersection of financial markets and technology and has a mastery of emerging methods like AI, machine learning, blockchain, and micro-services. He has extensive experience in the financial services industry, including FinTech, RegTech, InsurTech, capital markets, and hedge funds.

The Ohio bank bought DTS Connex to expand its cash management services for businesses with multiple locations, like retailers, restaurants and health care providers.

The card brand is partnering with Adyen, Worldpay and other processors to expand Click to Pay, a simplified e-commerce authentication and processing tool.

Tiffany Duncan-Magri is a Senior Regulatory Advisor at Smarsh with 15 years of experience in the financial industry and a strong academic foundation in Marketing (B.S.) and Management (MBA). She specializes in helping financial services firms navigate complex regulatory requirements—translating them into clear, actionable strategies that support both compliance and growth.

The Consumer Financial Protection Bureau dropped an investigation into Credova Financial, a buy now/pay later lender focused on gun financing and subsidiary of PSQ Holdings, where Donald Trump Jr. serves on the board.

Federal Reserve Gov. Christopher Waller said the private sector and central bank play complementary roles in payment innovation and stressed the need to maintain that collaboration as crypto technologies become more mainstream.