Efforts to curb ‘disparate impact’ continue despite regulatory easing
While disparate impact has never been under greater legal pressure, its influence on the future of housing policy and even employment continues to grow, showing that reducing discriminatory effects is good for business.
Just 5% of U.S. family offices say next generation is prepared: UBS
Amid geopolitical uncertainty and fears of a trade war, family offices also show a preference in investing in developed markets.
Fintechs hit $504 billion in global revenue for 2025
Fintechs grew four times faster than incumbent banks to generate 4% of last year’s total global financial services revenue.
Turnaround specialist appointed community bank CEO for a 6th time
BCB Bancorp in Bayonne, New Jersey, is turning to veteran bank executive Tom O’Brien to accelerate its turnaround after reporting significant losses in 2025.
Agentic AI has holes. Circle and Nium are trying to fill them.
The companies are connecting their tools in an effort to streamline the complexities involved in payments that use digital assets and advanced artificial intelligence.
Unpatched software is now the top way into banks
Verizon’s 2026 Data Breach Investigations Report finds attackers now break in most often through unpatched software and third-party vendors, not stolen passwords.
Watchdog warns of failures in Fed and CFPB security programs
An audit by the Office of Inspector General concluded that information security programs at both the Federal Reserve Board and the Consumer Financial Protection Bureau are no longer effective due to critical vulnerabilities.
Illinois delays embattled swipe-fee ban, again
Lawmakers early on Monday voted to push the effective date of the law, which would ban interchange fees on the tax and tip portions of transactions, to July 1, 2027, marking the second delay as merchants and banks continue to battle in court.
Scotiabank to buy small Dallas bank in mortgage-finance play
Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry.
#29 Carol Juel’s human-centered bet on the future of AI
Synchrony CTO’s AI push focuses on practical gains, from agentic commerce to faster risk detection.