US Bank, CoBank, Rocket share AI use cases at AWS event
The lenders’ examples of using generative artificial intelligence were more practical than transformational, but in any case data challenges represent a common problem.
Exclusive: Warren says OCC rule limits oversight to 5 banks
Sen. Elizabeth Warren, D-Mass., the ranking member of the Senate Banking Committee, warned in a letter to the Office of the Comptroller of the Currency Thursday that its proposed rollback leaves regional banks dangerously unsupervised.
Colorado house passes interchange ban on local taxes
The measure, sent Thursday to the Governor’s desk, would mark the second state ban on interchange fees and could inform an ongoing bank-led legal challenge to a similar Illinois law.
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Bankruptcy filing ties Tieks CEO to Aspiration scheme
An April 20 bankruptcy filing accuses Kfir Gavrieli of recruiting friends, family and his synagogue to sign sham contracts that inflated Aspiration’s revenue.
What risks do banks, credit unions face from BNPL?
Research from American Banker shows that at least a quarter of all respondents see BNPL as a credible threat to credit card revenue.
Fannie Mae’s portfolio surge is the biggest in over a decade
Freddie Mac was more aggressive than its counterpart for much of the past year but March activity establishes that there’s a different trend at play in 2026.
Citi unveils new profit goals, buyback plan at investor day
The megabank rolled out higher profitability targets on Thursday at its first investor day in four years. Its board also authorized a multiyear share repurchase program of $30 billion.
Crypto guidance is a step forward, but only Congress can finish the job
Interpretive guidance from regulators does not deliver the kind of certainty that companies want as they consider expanding into the world of digital assets. Congressional action on the CLARITY Act is the answer.
Private credit making itself at home at Federal Home Loan Banks
What do you get when you put two boring, safe industries together with one super-exciting, possibly dangerous industry? We’re apparently going to find out.