The Federal Reserve proposed rules for stablecoin issuers Thursday, which would require issuers to back stablecoins with certain “high-quality, liquid assets” such as Treasury bills and would create ...

The CEO of a Saginaw, Michigan-based credit union has left the company after photos on Facebook appeared to show the executive and her family wearing “Lake America” sweatshirts. Family First Credit ...

The transaction, set to close in the first quarter of 2027, gives Southwest Capital a landing spot after a previous tie-up with a credit union collapsed.

Bank of America's Sharon Miller says competitors recognize business owners as a fountain of leads for cross-selling opportunities and are chasing that business, too.

Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.

Online lending platform Avant applied for a de novo bank charter Friday, joining a parade of fintechs in pursuit of deposit insurance and full banking capabilities. The Chicago-based fintech, which ...

An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid ...

The bank’s co-president Wednesday pointed to “clearly identifiable” gains from AI, as questions swirl around how soon returns ...

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The digital lender aims to drive relevancy with customers’ everyday spending through the addition of a rewards program, ...

Niclas Neglén will begin at the Dutch payments processing firm Feb. 1. The move gives Adyen a permanent successor to Ethan ...

A workers union wants exemptions and/or a one-off payment for employees with long commutes and those who provide long-term ...