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The two Southeast banks agreed to combine in a transaction valued at $8.6 billion. Synovus CEO Kevin Blair would be chief ...
Fedwire has migrated to ISO 20022, a messaging standard designed to make it easier for digital real-time processing rails to ...
Bread Financial continues to keep its eye on the potential inflationary impacts of the Trump administration's trade policies, despite the fact that its delinquencies and losses declined in the second ...
First-party fraud — customers claiming they never made a transaction when they know full well they did — is a growing problem for banks. An emerging host of vendors including Socure are offering ...
Flagstar Bank wants to merge its holding company into the bank, which would cut $15 million in annual expenses and eliminate ...
A coalition of consumer groups sued the Consumer Financial Protection Bureau and acting Director Rusell Vought for refusing to implement a statutorily-mandated small business data collection rule that ...
Noelle Acheson unpacks the differences between stablecoins and tokenized deposits, and what they mean for both ...
Growing loans was a tall order in 2024, but banks that could do just that were able to outperform their peers.
Among banks with between $10 billion and $50 billion of assets, those that targeted narrow lending markets rose to the top.
As the U.S. moves to make central bank digital currencies illegal, projects in other countries are moving slowly. Also: U.K.
The fintech has made its core payment app interoperable with Venmo and will connect 2 billion users through partnerships in India, China, Brazil and other major digital commerce markets.
The House Financial Services Committee passed a number of bipartisan banking bills with wide margins, suggesting a growing ...
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