Trump taps Bowman as Federal Reserve’s top regulator
President Trump’s selection of Federal Reserve Gov. Michelle Bowman as the next vice chair for supervision comes as banking groups and their allies in Congress asked the administration to fill the position quickly. Bowman was the preferred choice for many in the industry.
Inside Visa’s battle to get a head start beating scams
The card network said it saved would-be victims $350 million in the first year after it combined several crime-fighting units.
Credit card delinquencies declined at faster pace in February
Amid troubling news of tariffs and layoffs, dropping delinquencies offer a rare sign of consumer health.
UK’s OakNorth to acquire Detroit-area community bank
London-based OakNorth has amassed a sizable U.S. loan portfolio and had been seeking a U.S. charter to simplify its funding model.
Despite few deals, appetite for fintech M&A remains: KPMG
The firm’s research found there is pent up demand, though political uncertainty complicates that outlook.
A key payment standard keeps getting delayed. Here’s why
As FedWire becomes the latest ISO 20022 migration to get pushed back, Vantage Bank and Wings Credit Union discuss the difficult upgrade.
Trump signs government funding bill to avert federal shutdown
The stopgap funding bill paves the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.
Bank regulation reform is a necessary, but elusive, goal
Past efforts to restructure bank supervision have been derailed by politics and agency turf wars. It remains to be seen whether the Trump administration is willing to spend the political capital necessary to push reform through.
American Banker’s Innovation of the Year 2025: How to apply
A new award will recognize tech projects that are changing the way bankers do business.
Trump scales back Treasury’s CDFI Fund
An executive order issued late Friday cut the Treasury Department Community Development Financial Institution Fund and other federal programs to their legal minimum.