Four crypto developments to watch for in 2024
The crypto landscape is poised for significant developments in 2024, including a focus on tokenization, legislative uncertainties, a regulatory tug-of-war between the SEC and CFTC, and a potentially bullish year for Bitcoin.
It’s time to deliver on the promise of the CFPB’s open banking rule
The CFPB needs to think bigger — much bigger — when it comes to writing rules for Section 1033 of the Dodd-Frank Act.
Basel III endgame: 5 things to watch in 2024
Federal regulators will look to finalize capital rules for banks with at least $100 billion of assets. Here’s what to look for as the contentious regulations move through the rulemaking process.
10 video interviews that explain banking in 2023
In American Banker’s Leaders Forum, our journalists interviewed top executives from across the banking and fintech sectors as well as regulators who keep them in line.
TD Bank to pay $15.9 million over duplicate NSF fees
The Canadian bank didn’t admit liability in the settlement, which is set to go before a court for approval in February.
What will banks’ tech priorities be in 2024?
Arizent research shows that financial institutions will continue paying much closer attention to artificial intelligence next year.
SEC proposal would be ‘fatal’ to bank loan funds, trade group warns
The Investment Company Institute predicted a dire situation for bank loan funds should the SEC finalize an amendment that would reclassify many of these funds as illiquid.
The No. 1 credit union SBA lender is hanging out the help wanted sign
America First Credit Union wants to grow 7(a) lending, but its expansion prospects depend on hiring more experienced lenders. That’s proved a common challenge for other institutions as the Small Business Administration program continues grow in popularity.
Affirm boosts BNPL at Walmart, Uber expands business-travel services
Walmart adds BNPL to self-checkout via Affirm, Uber integrates with payment firms Brex and Ramp, Fulton Financial announces next president and more in the weekly banking news roundup.
Embattled Blue Ridge Bankshares lands $150 million capital infusion
Bank investor Kenneth Lehman and investment firm Castle Creek are providing the funds to the Virginia-based bank, whose fintech friendly strategy has gotten it in trouble with regulators. The bank’s stock has sunk 70% this year.