GOP moves closer to tax cut plan
Republican leaders say they are closer to a plan to extend the 2017 tax cuts and increase the debt ceiling.
Banks need relief from restrictive leverage capital requirements
Current leverage-based capital requirements are outdated, counterproductive and urgently need reform to better serve U.S. taxpayers, capital markets, consumers, businesses and the economy.
Held for ransom: What should you know about ransomware attacks?
Dave Cunningham, senior case manager for Alvaka shares insights on ransomware attacks, how to avoid them and what victims should do if they are targeted.
Swift’s line in the sand for a new payment message
The banking industry’s march to ISO 20022 compliance by a November deadline has been sluggish, but the messaging organization isn’t budging.
Virginia Governor Youngkin vetoes prohibitive fintech lending bill
The law would have expanded the state’s 12% interest rate cap in a manner that would have effectively banned fintech lending in the state.
Animal welfare, DEI and more: Banks face votes on hot topics
The largest U.S. banks are facing shareholder votes on a number of politically charged issues — some backed by conservative groups and others championed by organizations with a more progressive bent.
JPMorgan becomes Affirm’s latest counter to Klarna
The bank has added Affirm as an option, after adding the fintech’s rival Klarna to its merchant network in February.
Fiserv executive gets Social Security nomination hearing
Wall Street veteran Frank Bisignano pledged at a Senate Finance Committee hearing that he doesn’t plan to privatize Social Security.
Custodia, Vantage release first bank-issued stablecoin on Ethereum
The two financial institutions issued Avit tokens on the Ethereum mainnet, marking a first in the U.S.
Cadence Bank to close M&A deal ahead of schedule
The Mississippi lender said regulators have signed off sooner than expected on its $103.6 million acquisition of First Chatham Bank. The bank’s CEO and deal advisers said the speedy approval bodes well for future M&A.