Court halts compliance with CFPB’s final open banking rule
A district court has agreed to halt compliance with the Consumer Financial Protection Bureau’s Biden-era open banking rule while the Trump administration pursues its own rule.
Improving employee retention requires more than money
Replacing employees is expensive in terms of both time and money. The real management challenge is identifying the drivers of employee churn and eliminating them.
As Fed mulls the end of QT, what lessons have been learned?
The Federal Open Market Committee is expected to announce guidance on the end of its quantitative tightening program later Wednesday. As that process draws to a close, experts are questioning when and how the central bank should use its balance sheet to smooth economic stress in the future.
CFPB kills two Biden-era nonbank registries, citing costs
The Consumer Financial Protection Bureau is rescinding two rules issued under former CFPB Director Rohit Chopra that required nonbanks to register court orders, plus terms and conditions of contracts.
Visa optimistic heading into the holidays, 2026
The payments giant had a “better than expected” fiscal fourth quarter, and said it expected that momentum to carry through the holidays. It’s also looking forward to tailwinds brought by the Olympics and the FIFA World Cup in 2026.
Mass. community banker explains how to win small-biz segment
Brian McEvoy, chief retail banking officer at Webster Five in Central Massachusetts, says community banks are in a unique position to serve more small businesses. He was a speaker Tuesday at American Banker’s 2025 Small Business Banking conference.
BNY provides BaaS infrastructure to WisdomTree
The global financial services company is providing BaaS infrastructure to the digital asset branch of investment platform WisdomTree.
Crypto banks guardedly hopeful about ‘skinny’ master accounts
Anchorage Digital Bank, Custodia Bank and Erebor Bank could be among the first recipients of limited, special-purpose payment accounts recently floated by Federal Reserve Gov. Christopher Waller.
SoFi targets bank deposits with consumer-facing AI
The challenger bank in the third quarter launched Cash Coach, an AI-powered customer insights engine that helps consumers optimize earned interest in deposit accounts and minimize interest charges on credit cards. SoFi plans to roll out a “more comprehensive” SoFi Coach that incorporates all areas of financial services as part of its strategy to rival […]
Ohio community bank makes deal to top $10B, enter Tennessee
Park National Corp’s $317 million, all-stock deal for First Citizens Bancshares would give the buyer a presence in markets that are expected to grow faster than its legacy Ohio footprint.