What banks can expect if Democrats sweep Congress

Polling suggests that Democrats could retake control of the House and have a formidable shot at the Senate as well. If they win both chambers, oversight of bank regulation, crypto and Trump administration officials will be the name of the game.

BVNK and Marqeta dangle a payments lure for stablecoins

The digital asset and card-issuing firms are supplying the guts to enable transactions for cards and digital wallets, betting that Mastercard’s ties to both firms will be attractive to banks, consumers and merchants.

First Citizens deepens presence in Midwest, Great Plains

North Carolina-based First Citizens BancShares completes its acquisition of 138 branches across 11 states; City National Bank appoints Chad Lloyd senior vice president and head of RBC U.S. Mortgage; London-based payments processor Checkout.com launches its U.S. subsidiary in Georgia; and more in this week’s banking news roundup.