20 credit unions with the largest portfolios of credit card loans
The top five credit unions on this list have more than $36 billion in unsecured card loans and lines of credit.
For these two small banks, politics is big business
As political campaigns become more expensive and more complicated, meet the banks that have become the preferred financial institutions for the Republican and Democratic parties.
‘I feel elated’: Jennifer Smith reflects on Zions Bank’s 10-year core transformation
Smith, chief technology and operations officer at the Utah Bank, shares some of the lessons learned from a recently completed core system replacement.
BNY’s Emily Portney on leading with authenticity
Portney, one of our The Most Powerful Women in Finance honorees, discusses her role and responsibilities.
Gruenberg emphasizes ‘vital’ role of relationship banking
Federal Deposit Insurance Corp. Chair Martin Gruenberg said an FDIC study proves relationship-driven lending practices remain crucial to small-business lending and economic stability, despite technological advancements in the banking industry.
Meta program helps U.K. banks take down scammers’ social accounts
In a six-month pilot, NatWest and Metro Bank shared with Meta 185 URLs connected to scams, enabling the platform to take down 20,000 accounts.
‘Tip of the iceberg’: How the EU AI Act will affect banks in the U.S.
The European legislation prohibits or curtails what it deems to be risky usage of artificial intelligence. Banks will be caught in its net if they provide or deploy such AI systems in the EU.
Visa, Mastercard and big banks bet on global payments tech
The U.S. card brands plan to acquire European firms for security and subscription payments, while Bank of America seeks new markets for its virtual B2B business and JPMorgan Chase’s blockchain unit gains ground.
Press Release: FDIC Issues 2024 Small Business Lending Survey Report
PRESS RELEASE | OCTOBER 2, 2024 FDIC ISSUES 2024 SMALL BUSINESS LENDING SURVEY REPORT WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today released the 2024 Small Business Lending Survey Report (SBLS). Conducted in 2022, the SBLS is a nationally representative sample of U.S. banks that offers important insights into their small business lending practices […]
Fed’s Bowman calls for a rethink of regulatory thresholds
As part of a wide-ranging speech on community bank oversight, the Federal Reserve governor said business models should determine regulatory scrutiny rather than asset size.