The risks of the Workday AI lawsuit for banks
The HR software is used by scores of U.S. banks, including many of the largest ones. The case also raises broader questions about job candidate screening and who is liable when an AI tool causes disparate impact.
How BMO’s chief AI officer is building trust in AI models
Kristin Milchanowski shared some of the ways her team is working toward a return on AI and making models more trustworthy at American Banker’s Digital Banking Conference.
San Francisco to vote on whether to set up public bank
A November ballot measure will ask voters whether to establish the nation’s first municipal public bank. The harder question of how to capitalize such a bank is being left for later.
Fed’s Waller ‘concerned’ about rising inflation
The Federal Reserve governor said the central bank should consider near-term rate hikes if core-measures of inflation continue to climb.
Anchorage Bank’s Nathan McCauley on digital asset legislation
Nathan McCauley, CEO of Anchorage Bank, sits down with tech reporter Melinda Lucy to discuss the GENIUS Act’s enablement of digital asset innovation for banks and future opportunities surrounding the anticipated CLARITY Act.
Regulators advise banks to weigh immigration-related credit risks
Joint guidance says borrowers unauthorized to work in the U.S. may present elevated credit risk and urges banks to account for immigration-related repayment uncertainty in underwriting.
Vantage’s Jeff Sinnott on digital assets for community banks
Jeff Sinnot, CEO of Vantage Bank and American Banker’s 2026 Most Innovative Person In Finance, sits down with tech reporter Melinda Lucy to talk about the bank’s diversified approach to digital assets and the opportunities the DeFi sector holds for community banks.
Press Release: Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States
PRESS RELEASE | JULY 13, 2026 Agencies Issue Guidance on Lending to Individuals Not Legally Authorized to Work in the United States WASHINGTON — The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration (collectively, the agencies) today issued guidance to remind supervised financial institutions of […]
How states are responding to data center risk on housing
Bipartisan pushback is targeting data centers with calls to eliminate tax breaks and ensure their energy consumption costs do not get passed on to residents.
Why do US bankers want more AI regulation than Europeans?
In the U.S., bankers are used to prescriptive rulemaking, and without it they seem uncertain about how to move forward with AI. Europe tried writing prescriptive AI rules, and they were a disaster. Now nobody knows how to move forward.