Credit union strikes deal for Wisconsin community bank
Brookfield, Wisconsin-based Landmark Credit Union’s planned takeover of American National Bank-Fox Cities is the second credit union-bank acquisition announced in 2026.
Mastercard boosts agentic commerce, adds crypto network
The card network hopes to increase revenue from non-card payments and is tapping two major technology trends.
These housing markets face the greatest risk of decline
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
Iran war could hurt Global Payments, CEO says
Cameron Bready, the firm’s CEO, noted the company’s clients include 12 large Middle Eastern airlines, and the closed airspace “isn’t ideal.”
OCC’s Gould fleshes out goals for core provider review
Comptroller of the Currency Jonathan Gould said one of the early messages he is hearing from banks and supervisors revolves around an uneven playing field between small banks and their core providers, but suggested formal rules to address the problem are not imminent.
UBS hits impasse in federal court over Nazi-era controversy
The Swiss bank turned to a federal judge to mediate its dispute with a Jewish human rights group, but the two sides left the courtroom in deadlock.
Senators reintroduce bipartisan executive compensation bill
The measure, led by Sens. Elizabeth Warren, D-Mass., and Josh Hawley, R-Mo., would require regulators to recoup compensation from bank executives during the five years prior to their bank’s failure.
JPMorgan Payments’ agentic commerce play; Ripple’s Australian deal
The bank is partnering with a French software company to upgrade its usage of the emerging forms of artificial intelligence. Plus, Ripple plans to buy a local payment company to secure a license in Australia, and more in American Banker’s global payments and fintech roundup.
Amazon’s vibe coding went awry. There are lessons for bankers
The e-commerce giant has attributed outages to AI-assisted code.
FDIC’s Hill: Stablecoins ineligible for pass-through insurance
Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify stablecoins as ineligible for deposit insurance — which is required under the GENIUS Act — and that the prohibition likely will include pass-through deposit insurance arrangements.