‘Human crimes is a blind spot’: How banks can nab felons
The Knoble, a nonprofit that brings banks, credit unions, payment networks and law enforcement together to detect elder and child exploitation and human trafficking, has worked with more than 600 banks.
NCUA has a regulatory blind spot; Congress must act to eliminate it
The National Credit Union Administration lacks the authority to regulate third-party vendors that supply vital services to the industry. This creates a major risk to credit union customers and the broader U.S. economy.
US bank robberies at new low
Banks like Fifth Third have increased security measures at their branches, while some potential robbers are turning to cybercrime.
Trump’s immigration plan likely to impact housing
The president-elect had billed his hardline stance on the border and promised deportations as a solution to tight housing markets. Experts say those policies, at least in terms of housing, could do more harm than good.
California bank regulator to retire
California Department of Financial Protection and Innovation Clothilde “Cloey” Hewlett will step down Dec. 30.
How Citi, BNP Paribas and Schwab migrated to T+1 securities settlement
Industry observers say the U.S. securities industry’s migration to next-day settlement in May 2024 was a technology success story, which has encouraged the U.K. and the EU to follow suit.
What banks need to know as QR code payments gain steam in the U.S.
The use cases are growing and banks don’t want to risk being left behind, especially with younger customers who are more open to the technology.
Exclusive: Reps. Barr and Hill press FDIC on brokered deposits rule
Reps. Andy Barr, R-Ky., and French Hill, R-Ark., leading Republicans on the House Financial Services Committee, pushed back against Federal Deposit Insurance Corp. chair Martin Gruenberg’s characterization of the Synapse collapse in his July brokered deposits proposal.
Banks have an obligation to plan ahead for natural disaster relief
Natural disasters are becoming more frequent and more severe, and victims will always require support from their banks. A plan for delivering that support needs to be in place before disaster strikes.
Citi bonuses buy time for new wealth boss’s revamp
Andy Sieg, head of Citi’s wealth business, says retention bonuses are part of his growth strategy.