Fresh off merger, Pinnacle plans to keep hiring bankers
Three weeks after completing its “merger of equals” with Synovus Financial, Pinnacle Financial Partners said it plans to hire 225 to 250 revenue-generating bankers in 2026 across its newly expanded Southeast footprint.
Trump Fed majority stalled, not stopped, if Cook remains
Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president’s quest for a voting majority on the central bank board.
Huntington eyes a Texas-sized growth spurt in 2026
With one Texas acquisition integrated and another deal set to close next month, Huntington Bancshares is projecting double-digit growth in loans and revenue this year.
PayPal seeks an AI edge by buying e-commerce fintech Cymbio
The acquisition will improve how clients can use agentic artificial intelligence to attract and reel in consumers.
Retailers like agentic shopping more than AI payments
Tech giants such as Google and OpenAI are pushing to bring commerce and checkout into their platforms. But for many merchants, solving the question of how payments fit in is less of a priority.
Trump sues JPMorgan, Dimon for $5B over alleged debanking
The lawsuit, filed Thursday in Florida state court, alleges that the lender stopped offering banking services to Donald Trump and his businesses for political reasons.
Press Release: FDIC Approves the Deposit Insurance Applications for Ford Credit Bank, Salt Lake City, Utah, and GM Financial Bank, Salt Lake City, Utah
PRESS RELEASE | JANUARY 22, 2026 FDIC Approves the Deposit Insurance Applications for Ford Credit Bank, Salt Lake City, Utah, and GM Financial Bank, Salt Lake City, Utah WASHINGTON – The Board of Directors of the Federal Deposit Insurance Corporation (FDIC) today approved deposit insurance applications submitted by Ford Motor Company to establish Ford Credit […]
FDIC Board of Directors Meeting
BOARD MEETING | JANUARY 22, 2026 FDIC Board of Directors Meeting Today, the Federal Deposit Insurance Corporation’s Board of Directors met in open session to consider the following matters. Materials and information relative to the open Board actions are available on the Board Matters webpage. Items Addressed in Open Session: Amendments to the FDIC’s Guidelines […]
FDIC adds banker to regulatory appeals board in final rule
The Federal Deposit Insurance Corp. Thursday finalized a framework for banks to appeal supervisory determinations, replacing the agency’s existing appeal committee with an independent three-member panel, one member of which must have industry experience.
Crypto cards are booming, but what they mean for the future is unclear
Crypto-linked cards are seeing strong volume growth despite offering little more than a crypto add-on to traditional payments systems — but familiarity is often a backdoor to more profound changes.