Visa, Fiserv boost agentic AI; U.K. tackles cash, card regs
The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.
In a welcome trend, banking supervision is coming back into balance
The former chief national bank examiner for the Office of the Comptroller of the Currency sees welcome changes in the structure of federal banking supervision, but warns against the dangers of complacency.
The most memorable bank CEO quotes of 2025
Cockroaches, crazy work and shots in the butt: Here are some of the most quotable bank CEOs of 2025.
Michigan credit union blocks fraud with deepfake detection
Michigan State University Federal Credit Union avoided $2.57 million in fraud exposure through blocking AI deepfake fraud calls with Pinpoint products.
Dems in Congress sharpen criticism of SBA immigration rules
Democratic senators are attributing a recent decline in lending activity to a Trump administration regulation that puts new restrictions on borrowers with foreign ownership.
PNC adds tech from Extend to support virtual cards
The bank is betting on demand from resource-challenged companies.
Deposit insurance reform is about paychecks and communities
The chief advocacy officer of the Defense Credit Union Council takes issue with the argument that a proposed increase to federal deposit insurance limits would be a “gift” to the credit union industry.
Midwest banks targeted by $5.4M ATM jackpotting scheme
Fifty-four individuals tied to the Tren de Aragua gang face charges for using Ploutus malware to drain millions from community banks and credit unions.
Zions’ latest C-suite shuffle puts new bank head in Utah
Paul Burdiss’ departure marks the second time in as many years that the Salt Lake City-based company has switched the CEO of its Utah, Idaho and Wyoming division.
Democratic AGs file suit demanding CFPB funding
A group of 22 Democratic state attorneys general filed a lawsuit against acting Consumer Financial Protection Bureau Director Russell Vought, the bureau and the Federal Reserve, arguing that the administration’s position that the CFPB cannot be funded is wrong.