Midsize companies see opportunities amid tariff chaos
The impact of President Trump’s tariffs is the top concern for most middle-market American businesses, a new KeyBank survey found. But these firms also view the scrambled landscape as a chance to innovate and restructure.
Fed bans Arkansas banker; Pennsylvania credit unions to join
The Federal Reserve Board banned a former relationship banker in Arkansas after he was caught stealing customer funds; Benchmark Federal Credit Union plans to merge with Franklin Mint Federal Credit Union to form a $2.1 billion-asset institution; Robin Vince, CEO of Bank of New York Mellon since 2022, has been elected chairman of the board; […]
PNC wins appeal of USAA’s mobile deposit patent lawsuit
In USAA’s battle with banks over mobile deposit technology, which it says it invented, a bank has scored a rare victory.
Trigger leads bill passes in Senate
The House and Senate will need to resolve a slight difference between their versions of the bill before sending it to President Donald Trump for his signature.
Judge rejects CFPB motion to undo redlining settlement
A Trump-appointed judge refused to dismiss a settlement between the Consumer Financial Protection Bureau and a Chicago mortgage lender over lending practices that an appeals court already said violated the Equal Credit Opportunity Act.
US banks should lead the development of tokenized financial products
Blockchain-based tokenized financial products are rapidly advancing into asset classes like private credit and commercial real estate. American banks must lead, before global competitors set the terms.
NCUA’s power, 1978 law at center of board firing case
At a preliminary injunction hearing seeking to determine whether two sidelined appointees are shielded by removal protections, a federal judge pressed both sides on whether the independent credit union agency exercises executive power.
Demand for SBA loans rises, main program may reach ceiling
The Trump administration’s fiscal 2026 budget carries over 7(a)’s $35 billion funding authority for a fourth consecutive year, even though lending has grown significantly
Bank of America and U.S. Bank ready to join stablecoin party
As the crypto-friendly GENIUS Act winds its way through Congress, executives at some of the nation’s largest banks are showing a newfound enthusiasm for stablecoins.
Coinbase to launch co-branded Amex with crypto rewards
The card, powered by fintech Cardless’ embedded credit card platform, provides up to 4% cash back in bitcoin, and allows customers to service their account directly in the cryptocurrency exchange’s app, similar to the way Apple Card works in Apple Wallet.