Crypto power struggle flares as Stripe nabs big stablecoin win
These bidding wars are likely to become more common as decentralized platforms build their own stablecoins — and choose partners to issue them, experts said.
There’s a hidden barrier making the small-business financing gap worse
We must build a small-business finance sector where business coaching is integrated and accessible. Philanthropy can ignite progress in the private sector and banks and community lenders can drive it forward.
2025 The Most Powerful Women in Banking Top Teams
Each year, American Banker chooses five teams that embody the spirit of collaboration and illustrate how teamwork can have a substantial impact on a bank’s top and bottom lines.
Fed watchers anticipate rate cuts, watch for dissents
Market watchers expect the Federal Open Market Committee to announce a 25 basis point rate cut today, but are also watching for signals of more cuts to come and how many members push for a larger 50 basis point cut.
Brokered deposit bills fly through HFSC
A bill on reciprocal deposits passed the committee unanimously, while another measure on custodial deposits passed by a wide, bipartisan margin.
Santander’s Openbank launches crypto trading for retail clients
Starting Tuesday, the Spanish bank is allowing retail clients in Germany to trade Bitcoin, Ether, Litecoin, Polygon and Cardano. Openbank will expand the number of available tokens over the coming months.
PayPal’s P2P upgrade has a crypto kicker
The payment company has made a series of moves to bolster its stablecoin and other coins to build a market for digital assets. Its Links feature adds to the strategy.
What banks need to know about Google’s AI agent protocol
Google has launched its Agent Payments Protocol, an open protocol that establishes a payment-agnostic framework for users, merchants and payments in agentic AI. Payment companies such as Adyen, American Express, Mastercard and PayPal helped develop the protocol.
SEC charges leader of $770 million ATM-centered Ponzi scheme
Prosecutors say Daryl Heller lured 2,700 investors with promises of safe ATM profits but misappropriated $185 million.
Senate Democrats urge regulators to rethink CRA reversal
A group of Democratic Senators led by Elizabeth Warren, D-Mass., urged regulators to keep the 2023 Community Reinvestment Act overhaul, saying the rule was carefully crafted with bipartisan input.