Zelle ventures into charitable disbursements with Bank of America
The bank-owned instant payment network has added a new use for its seldom-mentioned disbursement business.
In stablecoins, banks are confronting the innovator’s dilemma
Noelle Acheson argues that banks’ focus on deposit tokens rather than stablecoins is a clear example of the “innovator’s dilemma” at work: few economic incentives to embrace the innovation happening at the periphery.
War in Middle East may press pause on bank deal boom
The conflict with Iran has thrown volatility into bank stock prices, which is often the currency of dealmaking. “Stability is important to be able to do deals,” one analyst said.
Financial crime has become a major growth industry
The war may out a damper on bank mergers; and financial crime has become a global industry — a big global industry
Credit union strikes deal for Wisconsin community bank
Brookfield, Wisconsin-based Landmark Credit Union’s planned takeover of American National Bank-Fox Cities is the second credit union-bank acquisition announced in 2026.
Mastercard boosts agentic commerce, adds crypto network
The card network hopes to increase revenue from non-card payments and is tapping two major technology trends.
These housing markets face the greatest risk of decline
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.
Iran war could hurt Global Payments, CEO says
Cameron Bready, the firm’s CEO, noted the company’s clients include 12 large Middle Eastern airlines, and the closed airspace “isn’t ideal.”
OCC’s Gould fleshes out goals for core provider review
Comptroller of the Currency Jonathan Gould said one of the early messages he is hearing from banks and supervisors revolves around an uneven playing field between small banks and their core providers, but suggested formal rules to address the problem are not imminent.
UBS hits impasse in federal court over Nazi-era controversy
The Swiss bank turned to a federal judge to mediate its dispute with a Jewish human rights group, but the two sides left the courtroom in deadlock.