Credit unions warm up to small-dollar loans, challenging EWA
Affordability concerns are driving consumer demand for short-term liquidity products like earned wage access. A similar, credit union-backed lending alternative is gaining popularity as a way to amass new customers and, for banks, CRA credit.
When M&A goes sideways: Lessons from a messy credit-union deal
An ugly legal dispute between two San Diego credit unions offers a warning about what can go wrong when careful relationship-building doesn’t precede a marriage.
Stocks, bonds fluctuate in holiday-thinned trade: markets wrap
The path of US interest rates remains in focus following the slower-than-expected US inflation print as traders fully price a Fed cut in July.
This is a moment of opportunity; the banking industry should seize it
Policymakers in Washington have rarely been as aligned with the banking industry as they will be for the next year or two. Bankers should use this time to expand and fortify their businesses for the future.
Fed’s Bowman wants to boost banks’ share of mortgage market
Federal Reserve Vice Chair for Supervision Michelle Bowman said in a speech Monday morning that the central bank will introduce two capital proposals that she said are aimed at boosting banks’ role in the mortgage market.
ACH volume is soaring. Here’s how that threatens banks.
The ACH Network reached new highs in 2025 as both traditional and same-day ACH usage grew at healthy clips. The trend could negatively impact deposits and cards.
Banks effectively deputized in Trump’s immigration fight
Attorneys from Holland & Knight warn that Treasury is targeting financial services companies in Minneapolis and at the southern border in an AML crackdown.
Japanese payments fintech PayPay files US IPO
PayPay is the latest international fintech to signal entry into the U.S. fintech investor market with an IPO that has been planned by SoftBank for years.
Bucking a trend, one out-of-state bank will exit North Carolina
First National Corp. in Virginia announced the sale of its two North Carolina branches. Meanwhile, a number of larger competitors are laying plans for growth in the Carolinas.
Coinbase’s CEO projects confidence despite crypto crash
After losing nearly $700 million in the fourth quarter as bitcoin’s valuation tanked, Brian Armstrong stressed product diversification will help the company navigate the downturn.