Scholars call Slaughter ruling ‘Brexit moment’ for U.S.
Banking law scholars warn the Supreme Court’s ruling in Trump v. Slaughter will further politicize bank regulation, clouding policy expectations for firms and reshaping the balance of power between the White House and financial regulators.
Chopra sworn in as secretary of new California agency
Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week’s […]
The one stablecoin to rule them all?
The Open Standard consortium understands what makes a stablecoin valuable isn’t how digital it is, but how ubiquitous it is
AI-assisted code creates new kinds of risk for payment infrastructure
Now that the code underlying payment systems can be rewritten faster than its reliability can be checked, banks and payments processors need to adopt new methods of verifying that changes are safe and stable.
How banks’ Zelle limits push consumers to other options
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
250 years of bank tech, from Franklin to digital banking
A tour of the technology that banking has run on, dating back to Franklin’s anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
Warren asks Eric Trump about CFPB pick, Capital One lawsuit
Sen. Elizabeth Warren, D-Mass., is asking President Trump’s son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly “debanking” hundreds of Trump Organization accounts. The letter follows President Trump’s nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
CBW Bank applies to OCC for bank charter conversion
The fintech sponsor bank plans to offer digital asset services.
Hamilton deepfake greets visitors to new finance museum
The Museum of American Finance opened a free, Smithsonian-affiliated home in Boston’s Seaport on Friday, betting it can make money history stick.
Regions Financial buys investment bank in latest bolt-on
The Alabama company has a long history of absorbing smaller firms with special skills. Acquiring the investment bank Frazer Lanier, an analyst said, is another example of that strategy.