How small business lending made the shutdown real for banks
A bottleneck at the Small Business Administration in clearing federal small business loans because of the ongoing federal government shutdown is becoming an increasingly urgent issue for small and even some midsized banks.
Florida community bank says regulatory action is imminent
BayFirst Financial, which has reported problems with SBA loans, expects to reach an agreement with its regulators in connection with credit administration and other issues.
Chime leads in new checking accounts opened in 3Q
A report from J.D. Power indicates that the neobank Chime gained the highest percentage of newly opened checking accounts in the third quarter of 2025.
Appeals court sides with Federal Reserve in Custodia Bank case
The court upheld the Federal Reserve Board’s right to block Custodia from direct access to its payment systems. The bank is considering asking for a rehearing.
Columbia eschews more M&A amid activist investor heat
The Tacoma, Washington-based bank, which has completed two mergers since 2023, said Thursday that it will buy back up to $700 million of its own shares over the next year.
Former NYDFS superintendent Harris rejoins Sullivan & Cromwell
New York State’s former top regulator Adrienne A. Harris has rejoined Sullivan & Cromwell as of counsel and senior policy advisor; Founders Bank appointed Karen Grau to its board of directors; Deutsche Bank’s DWS Group is opening an office in Abu Dhabi; and more in this week’s banking news roundup.
EarnIn adds B2B option as consumer groups attack EWA
Earned wage access provider EarnIn, which historically has been known for direct-to-consumer EWA, is now integrating its services with payroll providers. The move comes as consumer advocate groups step up efforts for stricter regulation of the industry.
How the government shutdown slams B2B payments
As the political dispute drags on, there are implications beyond government disbursements, potentially harming corporate cash positions and the larger economy, according to payment experts from Billtrust and research firms.
In the stablecoin revolution, the US risks losing its lead to Japan
The United States cannot assume its early lead in stablecoins will last. Dollar-pegged tokens dominate today, but Japan’s clear regulations and institutional adoption could mean yen stablecoins dominate tomorrow.
Banks urge scrutiny of fintech trust charter applications
As the Office of the Comptroller of the Currency receives a spurt of applications for national trust charters from crypto and payments firms, bank trade groups are urging regulators to ensure proposed activities fit within the statutory limits of the charter and the law.