Nexo announces return to U.S. market at event with Trump Jr.
The crypto asset platform is returning to the U.S. after leaving in 2022 amid regulatory friction.
Wells Fargo exits another consent order. Is asset cap next?
In the megabank’s latest sign of progress with regulators, it said that a seven-year-old CFPB order has been terminated.
Former NCUA members sue Trump over firings
Two Democratic members of the National Credit Union Administration board of directors are suing the Trump administration for wrongful dismissal, a suit that could have implications for the Federal Reserve and Federal Deposit Insurance Corp.
Columbia CEO: Latest merger will avoid snags of the last one
After the Washington bank’s rocky integration with Umpqua, investors are wary of its plan to acquire Pacific Premier Bancorp in Southern California.
Trump floats income tax cut to ease tariff bite
President Trump suggested his sweeping tariffs would help him reduce income taxes for people making less than $200,000 a year.
Banks must abandon stablecoin plans and focus on blockchain rails
Banks that think they can compete in the stablecoin space are making a huge mistake. The smart move would be to upgrade infrastructure to allow assets to move between banks and crypto accounts seamlessly.
AI investments, Binance deal spur fintech funding in Q1
Global fintech funding broke $10 billion in the first quarter of 2025 due to increased investment in artificial intelligence and digital asset funding rounds like the $2 billion Binance deal.
How Trump’s tariffs fuel the use of artificial intelligence
As the president’s policy changes on a dime, machine learning can quickly alter strategies for compliance, payments and supply-chain management.
Fed warns of liquidity strains for stocks and bonds
In its latest financial stability report, the Federal Reserve found that asset prices continue to exceed underlying fundamentals and leverage levels remain high, especially by hedge funds.
CFPB drops suit against auto lender Credit Acceptance
The Consumer Financial Protection Bureau’s exit from a suit jointly filed with the New York Attorney General’s office narrows a major subprime lending case.