Scott Turner, President Trump's pick to head the U.S. Department of Housing and Urban Development, faced opposition from Democrats on the Senate Banking Committee, but his nomination was nonetheless ...
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 ...
The ruling lets state Attorney General Letitia James continue arguing Citi should have reimbursed customers for wire fraud, ...
Auto lender Ally Financial said Wednesday that it's officially ending its foray into credit cards under a broader ...
The New York Department of Financial Services has proposed several changes to overdraft fees including banning banks from ...
The Dallas-based company expects average loan growth to be flat to up 1% from 2024, driven by the ongoing payoffs of ...