Inside the world of ‘PayPal’s AG’
David Szuchman, PayPal’s top cop, leverages his background in law enforcement, including years in the Manhattan District Attorney’s office, to help the fintech fight against payment crooks.
Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Thursday, March 19, 2026 | 10:00 a.m. ET Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Wednesday, March 18, at MediaRequests@FDIC.gov to attend […]
Trump’s order on debanking has put banks in an impossible position
Before holding financial institutions accountable for new regulatory expectations, clearer guidance is needed on what constitutes appropriate risk-based decision-making versus impermissible “debanking.”
Banks risk displacement as global finance adopts real-time settlement
As funding mechanisms for sovereign debt and large assets increasingly migrate toward real-time financial infrastructure, banks are at risk of being displaced as key intermediaries in global finance.
Data is the new oil, though the old oil is still valuable, too
One way for credit unions to remain competitive is to control their own data; and Iran is fighting an economic war.
Why United Financial dropped the fintech that managed its rewards
The Saginaw, Michigan-based credit union brought its credit card program back in-house to capture more member spending and gain added control over customer relationships. Previously, its credit card program was managed by a third-party vendor.
Introducing our new Payments Intelligence Analyst
Megan Ryan joins American Banker from the Chicago Fed, bringing insights on the payments industry exclusively for subscribers.
Esquire makes deal for bigger cut of Chicago’s legal market
The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
NY proposal could boost minority banks’ access to state deposits
A New York state bill would reduce the barrier for minority-bank and community-bank participation in the state’s long-standing Banking Development District program.
Iran names U.S. banks as targets, ratcheting up cyber threat
A threat that was probabilistic is now official. An Iranian military spokesperson warned of a “painful response” against U.S.-linked banks.