The regulator did not give a reason for the action, although there may be confusion over who will act as the company’s ...

BofA will lend, bank, invest in and advise on projects such as data centers, power generation and transportation.

While every organization is at a different stage of AI maturity, we consistently see the same questions emerge. Many organizations are approaching AI as a technology initiative. The most successful ...

Among stipulations of the approval, the clearing bank must launch with $73,660,000 or more in capital funds and maintain a 10 ...

During mergers and acquisitions, customer experience often takes a back seat to legal, financial and operational work, ...

With states imposing tighter rules on buy now, pay later companies, Sezzle CEO Charlie Youakim views a federal charter as “the most robust solution.” ...

The deal, set to close in the first quarter of 2027, would boost HBT’s footprint to more than 100 branches and its assets past $8 billion.

Stripe, Visa, Wise and industry trade groups back the Federal Reserve’s plan to expand its instant payment system for cross-border use.

For you, that means fewer layers between your product and the financial services underneath it,” Dakota CEO Ryan Bozarth said in a blog post.

The bank will invest the capital through its American Dream Initiative, an economic mobility program launched this year that also aims to boost housing access.

Kard, founded in 2015, serves banks, fintechs and marketers. Investors include Underscore Ventures, Fin Capital and Tiger Global. Kard, which uses predictive artificial intelligence and first-party ...

Asheville, North Carolina-based HomeTrust Bancshares, the holding company of HomeTrust Bank, has agreed to acquire Blue Ridge Bankshares, the holding company of Blue Ridge Bank, for $448.1 million in ...