The Virginia-based bank said the Federal Reserve signed off on its acquisition of Sandy Spring Bancorp in Maryland. The transaction was the third-largest bank deal announced in 2024. It could be ...
The Consumer Financial Protection Bureau found that auto lenders' use of reposession agents spiked to nearly 70% in 2022, up from 31% in 2018, resulting in higher costs for consumers.
Alex Ford is the global chief revenue officer and president of North America with Encompass Corporation. In 2024, she was named one of American Banker's Most Influential Women in Fintech.
The era of unchecked AI enthusiasm is giving way to a more measured and deliberate approach. Organizations are beginning to see AI not as a panacea but as a powerful, albeit complex, tool that ...
The president has signed dozens of executive orders touching a wide range of government functions, but banking policy has ...
The e-commerce giant has added payment and credit products, though it faces heavy competition from banks and other tech firms. Also, Stripe's layoffs and other news from the world of payments.
Mercantile Bank Corp. in Grand Rapids achieved a 20% increase in deposits in 2024, an amount that was ample enough to fund ...
Frontwave Credit Union said it would acquire Community Valley Bank in a deal that would expand its footprint in San Diego and nearby counties. It comes on the heels of a record year for CU-bank ...