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Canada's government has finalized arrangements with Visa and Mastercard to cap credit card interchange for small businesses; Klarna is expanding its work with the Dutch payment processor Adyen; and more.
December 6 -
Wells Fargo is expanding into New York City's Hudson Yards, Mastercard launches a new generative AI-powered shopping tool, Banc of California closes PacWest acquisition and more in the weekly banking news roundup.
December 1 -
Top tech news in November: The Office of the Comptroller of the Currency's appointee to the Office of Financial Technology comes into question, Mint's closure presents opportunities for banks, bank and fintech leaders look toward generative artificial intelligence for innovation and more.
November 30 -
In November's roundup of top banking news: Citigroup approaches newest wave of job cuts and managerial shifts, Truist Financial nearly doubles most-senior executive leadership team, JPMorgan Chase faces regulatory inquiries and more.
November 30 -
Australia plans to put Apple Pay and Google Pay under the same rules that apply to credit cards, NatWest is inviting customers into its branches for a tabletop game about the perils of financial scams and more.
November 29 -
The smallest banks made up more than half of American Banker's Best Banks to Work For ranking this year.
November 28 -
Two dozen institutions fell into this midtier asset category for American Banker's Best Banks to Work For ranking this year.
November 28 -
Eleven institutions with at least $10 billion of assets made American Banker's Best Banks to Work For ranking this year. Read on to see who made the cut.
November 28 -
Wells Fargo makes a $1.5 million investment in Black entrepreneurship; America Express promotes small businesses through augmented reality; shareholders approve the Banc of California-PacWest merger; and more in the weekly banking news roundup.
November 22 -
Canada's government is preparing legislation to promote open banking development, Mastercard has gained approval to process payments in China, and more.
November 22 -
Senior banking leaders are very much aware of and interested in generative AI, but while no one wants to get left behind, there's also no great urgency to be the first mover.
November 21 -
Bankers are hopeful that several factors could strengthen profits next year, including higher loan demand and more stable funding costs as the Fed holds the line on — or even lowers — interest rates.
November 21 -
The top five have more than $2.6 trillion in combined securities as of March 31, 2023.
November 20 -
This year 90 banks made American Banker's 11th annual Best Banks to Work For ranking. The leaders of these institutions explain what it takes to be an employer of choice.
November 19 -
A convicted Goldman executive seeks to lower his legal bills, OpenAI's board has ousted its founder and CEO and several bank leaders are taking on new roles, and more in the weekly banking news roundup.
November 17 -
A Lloyds Bank study finds that the number of crytpo scams rose by 23% year-over-year in October. Separately, the Commonwealth Bank of Australia is using artificial intelligence to detect abusive language in transaction messaging.
November 15 -
The 10 largest U.S. banks based on most assets had combined total earnings of more than $40 billion in the third quarter of 2023.
November 15 -
American Banker is proud to recognize the honorees for the second annual Most Powerful Women in Credit Unions.
November 14 -
Small Business Administration lending is an arena where community banks and nonbanks compete favorably with some of the largest U.S. financial institutions. Here are the biggest SBA 7(a) lenders based on the value of approved loans.
November 13 -
Flagstar Bank promotes newly hired Jason Birnbaum; Finstar Financial tops $1billion-asset threshold with acquisition of Sitgler; digital platform Bluevine launches checking account for high balances; and more in the weekly banking news roundup.
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