New partnership helps banks flag fraud on Google
Whether in fake ads or misleading documents, anywhere fraud might be happening on Google, banks have a new way to quickly shut it down.
Dailey to retire from PNC Bank; Funk named as successor
Samantha Funk will step up as new head of public finance at PNC after Rob Dailey retires at the end of July.
Citizens brings commercial customers into open banking API
Citizens reduced screen-scraping 95% through application programming interfaces. Now it’s extending them to business accounts.
Trump says tax bill ‘close’ as holdouts threaten to sink it
President Trump said his massive tax package is close to being finalized, but the White House has yet to win over a faction who want more spending cuts.
PNC to acquire Aqueduct, expand private equity fundraising
The Pittsburgh bank is absorbing broker-dealer Aqueduct Capital Group into its investment banking unit, Harris Williams.
JPMorgan, BBVA make fresh bets on AI payments strategies
The Spanish bank is integrating machine learning with cards, payments, financial management, savings and other products, while the American banking giant is assessing risk for business transactions. Plus: The CFPB eases a consent order on Wise.
What banks should expect with Trump tax bill back on track
President Donald Trump is making progress with tariffs and his tax and spending bill after a brief stumble earlier this month.
Democrats can be both pro-crypto and and anti-corruption
Everyone should be concerned that the sitting president and his family are using crypto for political advantage and personal financial gain. Democrats can call out crypto grifters while supporting sensible policy.
Greenlite AI raises $15M for financial crime AI assistant
The startup, which emerged from Y Combinator in 2023, has deployed its software at a long list of community banks and fintechs, including Grasshopper Bank and First Internet Bank.
SBA targets community loan program expanded under Biden
The Small Business Administration is implementing a freeze on new Community Advantage lenders, citing a surge in problem loans. The program grew during the previous administration as part of a push to expand the access that entrepreneurs who are members of disadvantaged groups have to capital.