Despite few deals, appetite for fintech M&A remains: KPMG
The firm’s research found there is pent up demand, though political uncertainty complicates that outlook.
A key payment standard keeps getting delayed. Here’s why
As FedWire becomes the latest ISO 20022 migration to get pushed back, Vantage Bank and Wings Credit Union discuss the difficult upgrade.
Trump signs government funding bill to avert federal shutdown
The stopgap funding bill paves the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.
Bank regulation reform is a necessary, but elusive, goal
Past efforts to restructure bank supervision have been derailed by politics and agency turf wars. It remains to be seen whether the Trump administration is willing to spend the political capital necessary to push reform through.
American Banker’s Innovation of the Year 2025: How to apply
A new award will recognize tech projects that are changing the way bankers do business.
Trump scales back Treasury’s CDFI Fund
An executive order issued late Friday cut the Treasury Department Community Development Financial Institution Fund and other federal programs to their legal minimum.
Klarna files for long-awaited U.S. IPO
The Swedish institution is best known in the U.S. for its buy/now pay later lending. Its New York listing will be a bellwether for the payments technology industry, which is recovering from a post-pandemic slump
Utah bank eyes changes to boost fintech partnership growth
Finwise Bancorp believes a new plan to hold more of the fintech loans it originates on its balance sheet will boost profits in 2025.
Small-business fintech Mercury, bank partner Evolve split
Mercury said it simply outgrew the relationship. Evolve said it’s kicking high-risk end users out of its program and as a consequence some fintechs are going elsewhere.
A new ‘introductory’ card boosts competition for banks
GetAugie targets consumers new to credit, undercutting mainstream banks’ secured cards that often charge an annual fee and carry hefty annual percentage rates.