Bank runs historically not a ‘death sentence’ for banks: Fed study
Researchers at the Federal Reserve Bank of New York analyzed more than 3,000 historical bank runs and found that weak financial fundamentals — rather than pure depositor panic — determine whether a bank run translates into a bank failure or broader financial crisis.
Visa pushes ‘smartphone pay’ to bridge small-business gaps
The card network embedding technology that enables mobile devices to accept payments without additional hardware.
An ‘always-on’ treasury operation is becoming a banking necessity
To thrive in the new age of real-time payments, banks must invest in a continuous operating model that integrates payments, treasury and working capital into a seamless ecosystem.
PNC Bank rolls out new mobile banking app
The national bank is releasing an upgraded version of its mobile app to its users in phases after absorbing 780,000 former FirstBank customers last month.
Study shows decade-long decline in federal enforcement activity
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
Axos to buy San Francisco fintech and its AI technology
The Las Vegas bank’s deal for Arc Technologies comes three months after Capital One paid $5 billion for AI-native payments firm Brex.
Robinhood mainnet launch signals broader bet on tokenized finance
With Robinhood Chain now live, the company is pushing into tokenized equities, stablecoin lending and international markets.
Regional bank M&A seems poised to accelerate, but when?
Industry experts say regional banks have roughly a two-year window in which to merge, before they risk the clock expiring on the Trump administration’s M&A-friendly policies.
ECB tells banks: Fix AI cyber gaps by Oct. 31
The order covers the European units of JPMorganChase, Goldman, Citi and Morgan Stanley, and previews what U.S. regulators may eventually demand.
Fed proposal calls for higher threshold for BSA/AML citation
The proposal calls for banks to make their compliance programs “risk-based” and pledges to emphasize “systemic” flaws with anti-money laundering programs rather than “isolated” shortcomings.