With troubles in the rearview, Blue Ridge names new CEO
Billy Beale, who was hired to clean up Virginia-based Blue Ridge Bankshares after its failed foray with fintechs, has left the $2.4 billion-asset company. His successor is Harry Golliday, who was named interim CEO.
Fannie, Freddie share sale likely after midterms or later
Caution around the move is growing as focus has shifted to affordability, and current trading prices make near-term action unlikely, according to Wedbush.
Big Tech profits from online scams, Associated sets M&A date
A new report from the Consumer Federation of America says the true cost of online scams is an estimated $119 billion per year; Associated Banc-Corp moves forward with its planned acquisition of family owned American National; Servbank HoldCo completes its acquisition of IF Bancorp; and more in this week’s banking news roundup.
As chargebacks spike, banks should avoid these 5 missteps
Payment exerts detail where are going wrong with chargebacks and how they can improve.
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.