Auditor’s breach hit at least 9 banks, credit unions
Mercadien found the intrusion in November 2025. Its bank and credit union clients learned their customers were affected six to nine months later.
Exclusive: Citizens to resume unsecured personal lending
The Providence, Rhode Island-based regional bank is slowly rolling out direct-to-consumer unsecured personal loans in its app through a partnership with Pagaya Technologies.
Managing banks’ five-second decision window in instant payments
Not every financial crime control should be performed during the limited time frame provided by instant payments rails for accepting or rejecting payments, nor should they necessarily be performed by models that provide answers immediately.
Wirehouse departures are up. How firms can appeal to those advisors
Cerulli Associates finds in a new survey that pay is, indeed, important to advisors changing firms. But it’s not the top priority.
Forget jobs or inflation, credit is what matters. And credit is…
When banks start reporting earnings next week, keep a close eye on what they say about credit growth.
Fed supervision reform funnels more authority to Washington
Federal Reserve Vice Chair for Supervision Michelle Bowman’s new supervision reform plan calls for centralizing authority — and accountability — at the board level.
Fed’s Waller says more interest rate hikes likely on the way
Federal Reserve Gov. Christopher Waller said he expects the Federal Open Market Committee to raise short-term interest rates if inflation does not show signs of easing.
Jackson Area Federal Credit Union shuttered
The National Credit Union Administration says the $60 million of assets credit union was insolvent and had no prospect of restoring viable operations after months in conservatorship.
AI could take advisors back 3 decades. That’s a good thing
As AI speeds up client communication, an advisor’s own voice is what keeps relationships personal.
New data flips the script on winning rollover business
While rollover assets increase with retirement savers’ age, many rollover transactions occur well before retirement, according to new data and a panel of six experts. For financial advisors, that presents a potential business opportunity.