Depositor-owned banks’ merger extends Boston consolidation streak
Reading Cooperative’s combination with Wakefield Cooperative, the third deal involving Boston-area banks announced in the past month, would create a $1.2 billion community bank.
Fraud in US payments is escalating — here’s how we can fix it
The U.S. suffers from a disproportionately large share of global credit card fraud. Bringing customer authentication methods up to standards adopted in other developed countries would solve much of that problem.
What small-business customers want from their banks
The gulf between what small businesses need and what banks are providing could be an opportunity for bankers.
Why banks keep failing at money laundering
A lack of resources is one common cause of AML penalties, says consultant Aaron Ansari.
Q&A: Acting Comptroller of the Currency Michael Hsu
Acting Comptroller of the Currency Michael Hsu reflects on his tenure, the challenges of financial regulation, and the delicate balance of fostering innovation while maintaining trust in the financial system.
Banks’ lower deposit costs are a sign of sluggish loan growth
The industry should save on interest expenses this year as it follows the Fed’s lead in cutting rates. The downside is that the lower deposit rates signal fewer opportunities to make loans.
CFPB to finalize rule removing medical debt from credit reports
The Consumer Financial Protection Bureau finalized a rule that will remove medical bills from credit reports to end what the bureau called “coercive debt collection practices.”
How Stripe ‘teaches’ tech to beat the payments fraud exam
The payment company says machine learning is making progress in fighting card testing, which crooks use to determine how ripe a payment account is for theft.
The so-called Synapse rule and other BaaS challenges of 2025
As banks navigate a landscape scarred by the Synapse bankruptcy, they need to build or buy the technical ability to reconcile accounts daily and vet any new fintech partners more thoroughly.
CFPB sues Berkshire Hathaway company Vanderbilt Mortgage
The manufactured home loan lender, a unit of Berkshire Hathaway subsidiary Clayton Homes, was accused of ignoring red flags that sent many borrowers into bankruptcy, default and ultimately out of their homes.