The top hurdles to intelligent automation in banking
Everything from company culture to data security concerns is hamstringing the pace of automation in financial services, per new American Banker research.
Why sports is big business for Global Payments
The firm, which is relaunching its signature payment system, gets a branding opportunity and a testing ground in dozens of stadiums and arenas.
Advocates want Congressional hearings on open banking rule
Consumer advocates are urging lawmakers to hold hearings on the Consumer Financial Protection Bureau’s new open banking rule and whether Congress authorized banks to charge fees for data access.
Ex-Regions worker accused of theft, banned from banking
Markel O’Neal Calhoun, a former Regions Bank employee, has been barred from ever working in the industry again after embezzling $17,981, according to the Federal Reserve.
Sen. Scott thanks crypto industry for unseating Sherrod Brown
Senate Banking Committee Chairman Tim Scott, R-S.C., asked crypto firms to keep spending in elections, and said that they “literally” put Bernie Moreno, Sherrod Brown’s successor in Ohio, in the Senate.
FDIC proposal would permit less signage in bank apps
The Federal Deposit Insurance Corp. proposed a rule Tuesday that would allow banks to remove FDIC insurance labels except on initial webpages and no longer require alerts warning customers that non-deposit products are not insured.
FDIC Board Approves Proposal to Amend Official Signs and Advertising Requirements
BOARD MATTERS | AUGUST 19, 2025 FDIC Board Approves Proposal to Amend Official Signs and Advertising Requirements By notational vote, the Federal Deposit Insurance Corporation’s Board of Directors today unanimously approved the following matter. Materials and information related to this Board action are available on the Board Matters webpage. Notice of Proposed Rulemaking: FDIC Official Signs, […]
Washington’s 1st Security taps numbers guy as next in line
Matt Mullet, the company’s longtime chief financial officer, said he’s spent the past year getting accustomed to the people side of management.
Banks deserve the ability to appeal regulators’ enforcement actions
As bank regulators work to create a more transparent and effective supervisory process, they should overhaul the process for appealing their rulings to include challenges to enforcement actions.
SoFi to use Bitcoin and blockchain for remittances
The digital bank is working with blockchain technology provider Lightspark to use Bitcoin networks to power its upcoming cross-border payments launch.