Democratic AGs file suit demanding CFPB funding
A group of 22 Democratic state attorneys general filed a lawsuit against acting Consumer Financial Protection Bureau Director Russell Vought, the bureau and the Federal Reserve, arguing that the administration’s position that the CFPB cannot be funded is wrong.
ServiceNow to buy cyber startup Armis for $7.75 billion
ServiceNow, with its largest-yet M&A deal, will fold Armis’ threat prevention services into its larger cybersecurity suite.
Bankers predict 2026 will bring surprise advances in AI, crypto
An American Banker survey found that bankers think the industry isn’t prepared for growth in artificial intelligence and digital assets.
Let the market decide the future shape of banking in the US
Fintechs are wrong to demand wholesale consolidation of community banks in the U.S. Real innovation doesn’t stem from wiping out smaller institutions or forcing consolidation. Innovation comes from fair competition, secure data protocols, and clear rules that apply equally to banks and fintechs of all sizes.
What 2025’s big stablecoin trends reveal about the future of payments
Noelle Acheson shares her top 4 stablecoin trends of 2025 and what they taught us about the changing nature of money.
Why firms like Edward Jones and banks are rushing to ape each other
While the term “financial supermarket” may have gone out of fashion, firms still see opportunity to boost profits and keep clients loyal by blurring the lines between banking and wealth management.
Did these 25 people actually change banking in 2025?
Donald Trump, Taylor Swift and the CEOs of the biggest banks: We checked back to see if our predictions were correct about whether these bankers, regulators and payments execs made an impact on the industry this year.
Fifth Third-Comerica deal wins more support amid lawsuit
Proxy advisory firm Institutional Shareholder Services recommended approval of Fifth Third’s $10.9 billion proposed acquisition of Comerica.
CFPB: Earned wage access is not credit
The Consumer Financial Protection Bureau in an advisory opinion said that “covered” earned wage access products should not be considered an extension of credit under the Truth in Lending Act. It also said that expedited delivery fees and tips should not be considered finance charges.
Coinbase shoots for crypto’s ‘AWS moment’
The cryptocurrency company has entered partnerships with big banks and payment giant Klarna in recent days. Coinbase exec Brett Tejpaul says the GENIUS Act is creating an opportunity to sell a broad range of digital asset technology.