Why Truist is testing bill pay with Zelle
The Charlotte-based bank is hoping to bring request for payment technology into the mainstream. Early Warning sees bill pay as another use case to expand its payment network beyond its peer-to-peer roots.
Silicon Valley Bank shows there wasn’t much left to its name
First Citizens finally pulls the plug on the failed bank it acquired in 2023. Also, prediction markets are keeping regulators and lawyers busy.
Allowing retroactive mortgage portability would be a dangerous error
Portable mortgages are an interesting idea in theory, and might work well, if underwritten properly. But making existing mortgages portable on a retroactive basis would be both unworkable and unfair.
First Citizens to drop SVB name, 3 years after crisis
After Silicon Valley Bank collapsed in 2023, its remains were acquired by First Citizens Bancshares, which kept using the failed bank’s name and logo. At the end of 2026, that’s coming to an end.
Office loan woes bite a pair of banks
An uptick in problem loans within the heavily scrutinized office sector pushed down share prices at Rhode Island-based Washington Trust and Bank OZK in Little Rock, Arkansas, even though both banks reported solid profits.
Citizens, Frost blame vendor after data breach claim
Both banks deny their networks were breached. Experts say the data likely points to a single vendor that was compromised.
NY AG Letitia James sues prediction market providers
James filed a pair of lawsuits against Coinbase and Gemini arguing that they violated New York’s sports gambling laws.
Credit risk transfers earn bipartisan praise
Credit risk transfers, a means by which banks can move risk off their balance sheets, earned considerable bipartisan support in a House Financial Services subcommittee hearing Wednesday.
SoFi enters HELOC market amid home equity surge
The addition of HELOCs at SoFi comes alongside the launch of a new advisory group, as the company heightens its focus on real estate lending.
Banks and credit unions say they’re growing more fluent in AI
American Banker’s 2026 AI Talent Shift survey found that half of all respondents said they are at least moderately literate in AI.