U.S. Bank wins Innovation of the Year award
A collaboration between the bank and Edward Jones was honored as American Banker’s top 2026 Innovation of the Year at the Digital Banking Conference.
Bipartisan, bicameral housing deal emerges with bank riders
The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
How Revolut is building an international “super app of finance”
The fintech’s recently installed U.S. CEO said at American Banker’s Digital Banking conference that Revolut’s goal is to become “the first truly global bank.”
Michigan bank strikes deal for an in-state rival
Isabella Bancorp in Mount Pleasant to enter the Grand Rapids market with $54.6 million purchase of Grand River Commerce in Grandville.
Four things to watch in Kevin Warsh’s Fed debut
Newly minted Federal Reserve Chair Kevin Warsh will host his inaugural press conference on Wednesday. Bankers will be paying close attention to what he says — and how he says it.
Robinhood to cut 10% of staff, doesn’t mention AI as a factor
The fintech joins a handful of fintechs and payments companies that have laid off staff this year. Robinhood CEO Vlad Tenev said the decision was proactive to keep the organization lean.
Banks aren’t ready for AI agents moving money, experts warn
Two industry leaders at American Banker’s Digital Banking conference said banks’ fraud and identity controls weren’t built for software acting as the customer.
Bitcoin is not a scarce asset
Zelle, Western Union, SoFi and others are all launching stablecoins, adding to the thousands of other digital assets that do essentially the same thing as bitcoin.
Banks, fintechs sue Oregon over interest rate opt-out law
Banking and fintech trade groups have filed suit against the State of Oregon over a new lending law that they say unlawfully restricts interest-rate exportation by out-of-state state banks and threatens access to credit.
Jury awards former Ameris employee $80 million in termination suit
The Atlanta bank was ordered to pay nearly $80 million to the former head of its equipment-finance subsidiary Balboa Capital