How payments executives are leading the AI revolution
Honorees from 2024’s Most Influential Women in Payments, representing companies such as MoneyGram, Walmart, Segpay and more, share insights into how how artificial intelligence is changing their companies and their industry.
The Most Influential Women in Payments, 2024
American Banker’s Most Influential Women in Payments share their views on artificial intelligence, hybrid offices, real-time payments and more.
Zions names next bank chief, shuffles other roles
The Salt Lake City company has promoted Paul Burdiss, its chief financial officer, to succeed A. Scott Anderson as president and CEO of its banking unit. It also named a new CFO and a new general counsel.
Cross River establishes fintech investment banking unit
The Fort Lee, New Jersey, company has hired a pair of veteran investment bankers to helm an effort serving fintechs’ capital market needs “doubling down” on its commitment to the sector.
Warren rallies progressives to urge DOJ to block Capital One-Discover deal
The lawmakers, led by Sen. Elizabeth Warren, D-Mass., said the deal would further anti-consumer bank consolidation, but also criticized the OCC’s proposed changes to the merger process, asking that they be strengthened.
Citi snags JPMorgan’s investment banking chief to lead key business line
The hiring of Viswas Raghavan as Citi’s head of banking is the latest move by the global bank to attract talent from rivals. His departure set off more leadership tweaks at JPMorgan Chase.
Federal Reserve denies The Narrow Bank’s master account application
The Narrow Bank — a passthrough bank that first applied for a Federal Reserve master account in 2017 — is appealing an “ill-founded” December decision by the Federal Reserve to deny its application for a master account.
Kinecta Federal Credit Union brings wealthtech to members
The $6.8 billion-asset institution partnered with FusionIQ to launch digitally-advised and self-directed investment platforms as part of a push to attract and retain younger generations of consumers.
NIST updates cybersecurity framework, emphasizing governance
Version 2.0 of the Cybersecurity Framework, often cited by financial regulators, provides a structured approach to enhancing an institution’s cybersecurity.
CFPB finds ’cause’ to supervise installment lender World Acceptance
The Consumer Financial Protection Bureau said it was invoking a special authority to supervise entities that pose risks to consumers in taking on World Acceptance Corp.