Stress-test suit pause lets all sides fight another day
The Federal Reserve and several industry groups agreed to put an indefinite stay on their legal fight over the annual examination process.
United Bankers Bank brings real-time payments to small banks
As real-time payments become more common, UBB’s partnership with fintech Pidgin offers a roadmap for smaller banks to stay relevant.
CFPB backs off Mr. Cooper ‘junk fee’ lawsuit
The regulator says its prior amicus brief, which cited the Fair Debt Collection Practices Act and sided with borrowers, was no longer valid.
Trump’s CFPB reverses course on 1033 open banking rule
Agency lawyers called the rule, which was almost a decade in the making, “unlawful” in a court filing.
From bar brawls to corner offices: Lessons for managers
What does a movie about managing an unruly honky-tonk bar have to do with banking? When it comes to setting examples for corporate culture, maybe a lot more than you think.
Global Payments’ Worldpay offers stablecoin payouts using Circle
Infrastructure provider BVNK will enable the new stablecoin offering and crypto firm Fireblocks’ integration services will help facilitate the connection to Worldpay.
Scotiabank misses on higher loan provisions as tariffs bite
Bank of Nova Scotia missed earnings estimates for its fiscal second quarter after setting aside more money than expected for bad credit as tariffs hit its Canadian and Mexican operations.
How banks are navigating M&A as unrealized losses persist
A recent deal involving a troubled Texas bank shows that even the most lopsided depository can find an exit.
Inside Marqeta’s quest to diversify clients beyond Block
The card issuing fintech has worked for years to expand its business outside of Block. Mike Milotich, who in February became the third person to hold the fintech’s top job in as many years, has been tasked to do just that.
Western Alliance co-created tech blocks class action fraud
As the class action lawsuit settlement industry became overwhelmed with fraud, a bank and a fraud scoring company teamed up to fight back.