Acting Comptroller of the Currency Michael Hsu reflects on his tenure, the challenges of financial regulation, and the delicate balance of fostering innovation while maintaining trust in the financial system.

The payment company says machine learning is making progress in fighting card testing, which crooks use to determine how ripe a payment account is for theft.

As banks navigate a landscape scarred by the Synapse bankruptcy, they need to build or buy the technical ability to reconcile accounts daily and vet any new fintech partners more thoroughly. 

The digital bank unit of SMBC Manubank keeps costs low with remote employees and all tech in the cloud, President John Rosenfeld says.

The future of bitcoin isn't a winner-takes-all scenario where it either replaces the existing financial system or fails entirely. Instead, it's evolving into a multifaceted financial technology.

Financial institutions need to beware of advanced persistent threats and of the potential security shortcomings of their vendors, experts say.

Data center operators and users such as banks need to plan now for AI's growing power needs.

After the U.S. government alleged that the cash-advance app doesn't make the cost of "tipping" clear to customers, the Los Angeles-based company said it would implement a new business model in early 2025.

Fast-growing innovation is sparking bullish sentiment following a boom-and-bust cycle of the past four years.

2024 brought important issues front and center for bankers, ranging from the rise of artificial intelligence to the fall of banking-as-a-service.

At TD Bank and some other financial institutions accused of aiding and abetting money laundering, AML and branch employees have colluded and even joked about it in instant messages. Technology is part of the answer to detecting and preventing this.

The department was notified December 8 by third-party software provider BeyondTrust that a hacker had gained access through a tech support service.

The Buffalo bank recently shelved in-house startup GrowGrade and folded another, Nota, back into the mothership.

In a collaboration with Coinbase and Flexa, Regal theaters now accept on-chain U.S. digital currency payments for movie tickets and concessions; the Bank of Nova Scotia has completed its second investment in KeyCorp; Fiserv entered into a definitive agreement to acquire Canadian-based payments fintech Payfare; and more in this week's banking news roundup.

The tiny community bank handled hundreds of millions of bulk cash shipments from Mexico without red-flagging any of them, the agency said. The bank has filed a motion to dismiss.

In 2024, some banks were reluctant to publicly discuss their AI projects while others couldn't wait. Here's a look at the AI stories American Banker readers clicked on the most.

With transparency, security and reliability embedded at its core, a blockchain is not merely a way to enhance existing systems — it represents a model for what banking should aspire to be.

New tools, new partnerships and a new focus on combating increasingly complex fraud schemes will take center stage in the new year. This could be a turning point in a long-running battle.

From embedded finance to artificial intelligence to real-time processing, there are plenty of sources of competition and opportunity in the new year.