Brazil fintech Agibank scales back IPO before US debut
The digital bank slashed its share volume and pricing the day before its public debut and following a mixed U.S. public debut for fellow Brazil fintech PicPay.
Developer Colony Ridge to pay $68M in DOJ, Texas settlement
Houston developer Colony Ridge Development agreed to resolve allegations that it operated a bait-and-switch scheme targeting Hispanic immigrants that led to massive foreclosures.
Huntington takes $280M hit on Cadence deal accounting
The Ohio bank said its 2027 earnings per share will be lower due to an accounting revision linked to its acquisition of Cadence Bank. But CEO Steve Steinour remains sold on Huntington’s expansion plans, calling the Cadence deal a “home run transaction.”
Ethereum becomes rail of choice for crypto-curious bankers
JPMorganChase, Citi and Custodia are among the banks that have built digital asset projects on the Ethereum blockchain.
D.C. appeals court hands favorable ruling to EWA fintech EarnIn
The district’s appeals court let stand a May 2025 ruling that dismissed most of the D.C. Attorney General’s claims against EarnIn in a major win for the firm and good news for fintechs looking for favorable regulatory treatment.
Souring card debt is plateauing at elevated level: New York Fed
Delinquencies on credit-card debt mostly held steady at the end of last year, but certain groups of consumers are faring better than others.
Regional bank execs love mobile apps, fear wire transfer fraud
Top takeaways from American Banker’s 2026 Predictions report finds that midsize bankers push for app investments and are concerned about wire transfer fraud.
Fiserv looks to AI, BNPL to spur its recovery
Following a massive earnings miss three months ago, the bank-technology seller on Tuesday reported signs of stability and an embrace of new payments and financial services technology.
Youtuber MrBeast buys youth-focused fintech app
Beast Industries, owned by the YouTube star known as MrBeast, has acquired the Gen Z-oriented financial wellness app Step.
Visa helps merchants accept card payments through iPhones
The iOS technology enables payments without requiring merchants to add extra hardware. The card network is embedding the option into a broader suite of merchant technology to bolster its services strategy amid competition from Mastercard and fintechs like Block and Stripe.