Customers sue Citizens, Frost over third-party data breach
Plaintiffs allege the banks failed to safeguard names, Social Security numbers and account data after a breach at a vendor neither bank has named.
Banks need to be at the table in debates over AI agent identification
Banks have a narrow window to shape how agent identity verification works before transaction volumes force ad hoc approaches that will be harder to standardize later.
How the Fed really controls inflation isn’t through rates
Presumptive Fed Chair Warsh isn’t a fan of jawboning, but that is actually, exactly how the central bank gets its point across.
Visa bets on World Cup, agentic AI, to boost earnings
The payments giant is counting on the FIFA World Cup this summer for windfalls in its consumer and commercial businesses. Long-term, agentic commerce is creating a whole new ecosystem to which Visa can attach itself, Visa CEO Ryan McInerney said on a call with analysts.
FirstSun’s charge-offs rise in uneven first quarter
For the Denver-based parent company of Sunflower Bank, the first quarter of 2026 was not entirely sunny. Loans grew dramatically, but so did charge-offs, with the lender charging off two credits worth more than $10 million.
Goldman Sachs invests $50 million in Kashable
The investment firm’s Alternatives division comprised a majority of the online lender’s $60 million Series C funding round.
To lead or not to lead: banks can’t take payments dominance for granted
While stablecoins aren’t widely used for payments, banks still have a role to play in leading the market.
How AI is quickly overhauling one segment of SBA lending
Celtic Bank is the latest large Small Business Administration lender to turn to an AI origination platform for smaller-dollar loans. Live Oak Bank, which has been piloting the same platform, says it’s poised for big growth in the same segment.
Interest rates are the most certain thing about FOMC meeting
The Federal Open Market Committee’s April meeting — likely Federal Reserve Chair Jerome Powell’s last — is unanimously expected to keep interest rates steady, but questions about energy, inflation and the upcoming transition in leadership still loom.
Is AI the way to get credit to the underbanked?
Rodney Hood, former acting Comptroller of the Currency and former chair of the National Credit Union Administration, says the credit scoring system is broken and AI can fix it.