Credit reporting prices draw more ire from FHFA’s Pulte
A housing official renewed his call for credit bureaus to address lenders’ concerns. Low pull-through magnifies a cost that’s small relative to others.
Ohio bank dials into its area code to create a new identity
The 81-year-old Metamora State Bank renamed itself Bank419 to better align its brand with its business after years of regional expansion.
How non-payments became big business at Visa and Mastercard
With fintechs and legal cases pressuring payment fees, the card companies are leaning more on revenue from other sources.
Restricting industrial loan charters would be bad for the economy
Industrial loan companies play a vital role in local economies across the country, providing liquidity in areas that other banks overlook. Restricting the availability of ILC charters would be bad for business.
Commerce eyes wealth-management gains after sealing M&A deal
The Kansas City, Missouri-based bank completed its first bank acquisition in 12 years on New Year’s Day. Now it’s focused on retaining and growing FineMark Holdings’ high-net-worth clients in markets such as Southwest Florida, South Carolina and Arizona.
Brazilian digital bank PicPay files for U.S. IPO
PicPay is making a second attempt at entering the U.S. market as a profitable digital bank and a competitor to fellow Brazilian fintech Nubank.
Venezuela-focused crypto startup loses $341K in cybertheft
Attackers stole over $340,000 in stablecoin from the Venezuela-focused app. The incident adds to recent troubles including frozen accounts at JPMorganChase.
FDIC watchdog pushes back on Ernst whistleblower claims
The FDIC inspector general said internal and external reviews found little evidence to support a whistleblower’s allegations of fraud, retaliation and abuse within the FDIC’s watchdog office.
Fifth Third-Comerica deal easily wins shareholder approval
The deal still faces a lawsuit from activist investor HoldCo Asset Management, which contends that Comerica didn’t properly shop itself before agreeing to sell to Fifth Third.
Bankers fear economic struggle in 2026
American Banker research highlights growing concerns about an economic downturn, regulatory volatility and open-banking risks.