Ameris Bancorp targets Nashville for its next market expansion
The Atlanta-based parent company of Ameris Bank plans to open a commercial banking office in Tennessee’s largest city by the end of the year, as part of its organic growth strategy.
Morgan Stanley’s Vince Lumia: AI may let advisors triple their client loads
The head of client segments in Morgan Stanley’s wealth division acknowledges AI could one day be the primary source of financial advice for mass affluent clients. Morgan Stanley advisors working with wealthier investors will have to up their games.
Trump’s top economic aide pick has unconventional bank ideas
The Senate Banking Committee is slated to consider Christopher Phelen to be the chair of the Council of Economic Advisers on Thursday. Phelen has said in past academic papers that fractional reserve banking is “highly problematic.”
How FNBO uses agentic AI to investigate financial crime
The Omaha bank says AI agents halve the time required to research fraud, sanctions violations and money-laundering alerts.
Worldpay’s World Cup outage puts payments resiliency in the spotlight
The shutdown came in the middle of a match, knocking out processing at small businesses, a segment expected to see transactions spike during such an event.
Edward Jones starts offering financial monitoring from fintech Carefull
The Carefull tool integrated into Edward Jones accounts aggregates client accounts and monitors for fraud or mistakes.
What matters in the crypto-bank fight is ubiquity, not yield
Banks are merging the ubiquity of fiat money with the advantages of digital networks and are building the kinds of products crypto firms can’t match.
As banks close accounts, experts point to immigration crackdown
More than 20,000 consumers have seen their bank accounts abruptly terminated in recent months. Experts believe financial institutions are responding to the Trump administration’s restrictionist immigration policies.
Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Thursday, June 25, 2026 | 2:00 p.m. ET Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Wednesday, June 24, at MediaRequests@FDIC.gov to attend […]
Trump abruptly cancels housing bill signing
President Donald Trump said he wouldn’t sign the housing bill, which includes several riders aimed at helping community banks, until Congress passes the SAVE Act.