Warren, Waters say NCUA lacks quorum to govern
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., and House Financial Services Committee ranking member Maxine Waters, D-Calif., urged the National Credit Union Administration’s Inspector general to look into President Trump’s removal of two board members.
Trump’s 100 days by the numbers
Rapid deregulation, tariffs and a campaign to dismantle the Consumer Financial Protection Bureau have defined the early days of President Donald Trump’s second term for bankers.
The idea of a U.S. ‘super app’ lives on at these fintechs
Super apps such as AliPay and WeChat Pay have carved out immense market share by enticing users as a one-stop shop for their payment, shopping and social needs in a model that many U.S.-based companies have tried to replicate. But what makes a super app successful, and how easy are they to launch?
Senators to force vote to claw back Trump’s tariff authority
Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., will force the vote Wednesday on a bipartisan resolution aimed at terminating the national emergency declaration used by Donald Trump to impose sweeping tariffs.
PayPal pushes BNPL, merchant lending as tariff hedge
During the payment company’s earnings call, CEO Alex Chriss said “we can be a place to come in times of need.”
‘Lightning speed’: Trump’s 100 days of stablecoin advocacy
The administration has been dogged in its support of cryptocurrency regulation and a push for a stablecoin bill to be signed by the August recess.
BNP Paribas expands partnership with IBM Cloud
The French bank plans to move half its applications to dedicated IBM Cloud zones in its data centers and is standing up an IBM Cloud-based disaster recovery site.
SoFi reports strong performance in first quarter 2025 earnings
The challenger bank exceeded analysts’ expectations in income, revenue and earnings per share.
The value of so-called ‘trinkets’ is far from trivial
Don’t discount the impact of having your bank’s name and logo on small, everyday items that customers and potential customers will see every day.
How JPMorgan Chase is helping to build connected cars
Rob Abrams, CEO of Mobility Payment Solutions at J.P. Morgan Payments, is overseeing the development of in-car wallet systems that turn cars into rolling credit cards. He explains his vision of what connected cars could look like and do in the future.