Iran war pressures accelerate for banks and payments
Panelists at a JPMorganChase webinar said oil shipping security is shaky, creating risk of a new wave of inflation that would impact energy finance. Other analysts said the war will create pressure for some parts of the payments industry.
Wells Fargo fully sheds Fed’s massive 2018 enforcement order
The bank exited the $1.95-trillion asset cap last year, but it had remained subject to the rest of the eight-year-old order.
Oil price shock pushes mortgage rates back above 6%
While this only shows a 2-basis-point rise in the 30-year fixed since last week, the Lender Price product and pricing engine data is 30 basis points higher.
A community-bank director quits with a parting blast
Glen Herrick, a veteran bank director, penned a resignation letter criticizing the West Virginia company’s executive-compensation policies and what he described as a failure to focus on core profitability.
Press Release: FDIC Issues List of Banks Examined for CRA Compliance
PRESS RELEASE | MARCH 5, 2026 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to institutions in December 2025. […]
The origin story of stablecoins offers a hint to their future uses
Noelle Acheson points out that a wander through stablecoin history highlights an overlooked use case likely to be of interest to financial services providers.
Kraken and Morgan Stanley are playing in each other’s backyards
Morgan Stanley wants to get into crypto, and Kraken is getting inside the Fed. Plus Banco Santander faces a dilemma, and prediction markets make some questionable bets.
OCC’s GENIUS implementation draft rule keeps yield on the table
While the Office of the Comptroller of the Currency’s recently published stablecoin rule bars stablecoin issuers from offering yield on holdings, there is enough wiggle room in the proposal — and unfinished business in Congress and the courts — for rewards to ultimately be accepted.
Newity on the hunt for new bank partners
The Chicago-based lender service provider, which has helped build Northeast Bank in Maine into an SBA powerhouse, has expanded its capacity with an AI-driven technology upgrade.
House committee passes bank deregulatory package
The House Financial Services Committee passed a legislative package heavily favored by banks in a 26-16 vote