How Ant International’s ‘eyeball pay’ could jolt biometrics
The technology company recently announced iris authentication in smart glasses, bringing new attention to a nascent high-tech payment option that has also attracted Mastercard and Bank of America.
Press Release: FDIC Publishes Enforcement Orders for October 2025
PRESS RELEASE | NOVEMBER 28, 2025 FDIC Publishes Enforcement Orders for October 2025 WASHINGTON—The Federal Deposit Insurance Corporation (FDIC) today published a list of orders of administrative enforcement actions taken against banks and individuals in October 2025. There are no administrative hearings scheduled for December 2025. Orders of Prohibition from Further Participation: Oriental Bank, San […]
Why Mexico’s digital banking future requires a homegrown neobank
International banks and enterprising fintechs are flocking to Mexico in an effort to grab market share in Latin America’s second-largest economy. But there is still room for a homegrown neobank to put down roots.
Why Boston is the next battleground for First Citizens
After buying the failed Silicon Valley Bank, the Raleigh-based regional joined a growing number of banks fighting to serve Boston’s tech startups, life sciences entrepreneurs and fund investors.
CFPB tees up second funding battle with Supreme Court
Now that the Consumer Financial Protection Bureau has refused to request funding from the Federal Reserve System, many experts see the case making its way to the Supreme Court.
Pinnacle, Synovus expect Jan. 1 closing after Fed’s approval
The two regional banks, which are combining in a merger of equals, had previously said they expected to complete the deal sometime in the first quarter of 2026.
U.S. Bank is testing stablecoin issuance on Stellar network
The bank is a step closer to having its own U.S. dollar-pegged cryptocurrency. It could become the first major financial institution to issue a stablecoin.
Does the Fed have an ethics problem?
Recent high-profile ethics violations by senior Federal Reserve officials, including new revelations concerning stock trades by former Fed Gov. Adriana Kugler, have sparked debate over the effectiveness of the central bank’s oversight, even as some observers stress such cases remain rare.
Reviving this one FHA program could greatly boost homeownership
Years ago, the Federal Housing Administration helped finance thousands of loans for manufactured housing. An effort to restart that program would help millions of Americans afford their own homes.
Klarna’s crypto and shopping moves; EMV for agentic payments
The Swedish financial technology firm issued its first stablecoin and signed a gift card distribution deal with BlackRock. Also, EMVCo is examining AI’s impact on processing and more in the American Banker global payments and fintech roundup.