-
Amid high inflation and favorable conditions for job-seekers, several banks hiked their starting wages this year. But even as their labor costs rose, they still found it hard to hang onto employees.
December 23 -
Hacks of banks, credit unions and insurance companies compromised the data of millions of consumers, who filed a flurry of class actions in response.
December 22 -
After years of deliberation and controversy, 2022 will be remembered as the year the global financial system replaced the Libor interest rate benchmark, the last vestiges of which sunset in 2023.
December 22 -
Credit unions announced 15 deals for banks in 2022, surpassing 2021's total — with much of the momentum coming late in the year.
December 22 -
Early Warning Services' bank-owned peer-to-peer payment service reached eye-popping growth milestones in 2022. But scams targeting Zelle users also soared, drawing lawmaker scrutiny and forcing Zelle to consider reimbursing victims.
December 22 -
On issues from guns and abortion to climate change to corporate diversity, banks that have been trying to satisfy progressive groups felt blowback this year from right-leaning organizations and Republican officials.
December 21 -
U.S. Bank and KeyBank were among those that made significant advances in their use of cloud computing during the past year.
December 21 -
Pay-by-bank advances in the U.K.; British banks team to protect cash; Mastercard invests in Africa, and other news.
December 21 -
A handful of banks and credit unions with assets under $3 billion each rolled out or expanded its use of distinctive technologies, including a contactless-payment ring.
December 20 -
Changes that began at individual banks in 2021 gained steam this year, as many large and midsize banks reduced their reliance on overdraft-related charges. Federal and state policymakers were key catalysts of the sea change.
December 19 -
Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.
December 19 -
Financial institutions have launched tailored relief campaigns to help refugees begin rebuilding their lives.
December 19 -
Goldman mulls deeper cuts, FDIC names fund leaders and more in banking news this week.
December 16 -
Here is the cast of characters who will affect bankers and their industry in the coming year, both positively and negatively.
December 16 -
Bermuda launches a stablecoin; Canada cracks down on crypto; big banks make high-profile payment appointments, and other news.
December 14 -
BofA's Seattle shake-up, board "refreshment" at a Phoenix bank and more in banking news this week.
December 9 -
In a tight job market, banks are exploring new ways to find the employees they need.
December 8 -
In global news this week, the EU cracks down on buy now/pay later; France conducts digital currency test, Tencent launches cross-border payments, and other news.
December 7 -
Baseball great joins Farmers National team, waiting game ends for two deals and more in banking news this week.
December 2 -
The many advantages banks can obtain from working with financial technology companies are undeniable. But so are the dangers.
December 2