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/ 3 weeks agoSEC Cut Whistleblower Award by $125 Million After New Commissioner Arrived
Imagine handing someone a check for nearly $180 million, then snatching back more than two thirds of it. That is effectively...
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/ 3 weeks agoUS Bank, CoBank, and Rocket Share GenAI Use Cases at AWS Event, But Data Hurdles Remain
At a recent AWS gathering, executives from US Bank, CoBank, and Rocket Mortgage stepped up to the microphone with something unusual:...
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/ 3 weeks agoColorado House Passes Ban on Interchange Fees for Local Taxes: A New Frontier in Payment Regulation
The Colorado House has approved a measure that would prohibit banks and payment processors from charging interchange fees on local tax...
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/ 4 weeks agoRipple Effects: How the Iran Conflict Reshapes Farming, Transport, and Banking
The global economic system often feels like a finely tuned machine. But sometimes, a single geopolitical spark can throw the whole...
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/ 4 weeks agoErebor Bank Races Past $1.1 Billion in Deposits Within Seven Weeks of Launch
A brand new financial institution, backed by a cadre of big tech executives, has just shattered expectations. Erebor Bank, which opened...
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/ 4 weeks agoFincen’s AML Overhaul Gets the Big Picture Right. But Those Broken Forms Still Need Fixing.
The U.S. Financial Crimes Enforcement Network, better known as FinCEN, just dropped a proposed rule that could reshape anti-money laundering compliance...
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/ 4 weeks agoAnthropic Rolls Out AI Agents for Banks and Inks Key Vendor Alliances
Artificial intelligence is making deeper inroads into the financial sector, and Anthropic is leading the charge with a fresh arsenal of...
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/ 4 weeks agoBank of America Shareholders Vote to Keep CEO and Chair Roles Combined
Bank of America shareholders have once again decided that two hats are better than one. In a vote that sent ripples...
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/ 4 weeks agoFannie Mae and Freddie Mac Investors Face a Long Wait for Profits, Possibly Until 2033
Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that underpin much of the U.S. housing market, are in remarkably...
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/ 4 weeks agoWhy Energy Lenders Aren’t Yet Seeing a Surge in Oil Loans
The recent disruptions tied to geopolitical tensions in Iran have sent crude oil prices climbing once again. At first glance, you...
