Commercial banking

Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.

The firm, which is relaunching its signature payment system, gets a branding opportunity and a testing ground in dozens of stadiums and arenas.

Consumer advocates are urging lawmakers to hold hearings on the Consumer Financial Protection Bureau's new open banking rule and whether Congress authorized banks to charge fees for data access.

Markel O'Neal Calhoun, a former Regions Bank employee, has been barred from ever working in the industry again after embezzling $17,981, according to the Federal Reserve.

Fed Vice Chair for Supervision Michelle Bowman warned that focusing too much on technology risks could make banks lose relevance with customers.

Senate Banking Committee Chairman Tim Scott, R-S.C., asked crypto firms to keep spending in elections, and said that they "literally" put Bernie Moreno, Sherrod Brown's successor in Ohio, in the Senate.

Pragya Thakur is a National Board-certified health and wellness coach and master of public health candidate at Boston University.

She writes on wellness topics for publications including The Philadelphia Inquirer and The Law Journal Newsletter and is currently developing a book exploring how small daily shifts can create meaningful change in health and clarity.

The Federal Deposit Insurance Corp. proposed a rule Tuesday that would allow banks to remove FDIC insurance labels except on initial webpages and no longer require alerts warning customers that non-deposit products are not insured.

Matt Mullet, the company's longtime chief financial officer, said he's spent the past year getting accustomed to the people side of management.