American Banker
FEBRUARY 10, 2025
Since August, Truist, KeyCorp and Goldman Sachs have granted one-time stock awards to certain executives they want to keep in place. One analyst wants shareholders to reject the bonuses, while consultants say there are valid reasons for banks to make the awards.
Payments Dive
FEBRUARY 10, 2025
Consumer uptake of the payments pioneer’s flagship payments tool was lackluster last year. The company promised skeptical analysts more growth this year.
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TheGuardian
FEBRUARY 10, 2025
Case against Frank founder Charlie Javice for allegedly defrauding JP Morgan has been compared to that of Theranos Elizabeth Holmes Business live latest updates Charlie Javice has joined an undesirable club struck by the Forbes 30 Under 30 curse , a term for the high-flyers identified by the business title as up-and-comers who ended up in legal trouble.
Payments Dive
FEBRUARY 10, 2025
Consumer Financial Protection Bureau staff were told to work remotely this week after a new acting chief halted agency supervision and enforcement. He also told the Federal Reserve the agency wouldn't take any unappropriated funding next quarter.
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ABA Community Banking
FEBRUARY 10, 2025
A team led by Elon Musk is recommending that the Treasury Department cancel hundreds of contracts funded through its Community Development Financial Institutions Fund, according to an alert by the CDFI Coalition. The post DOGE recommends terminating CDFI Fund contracts appeared first on ABA Banking Journal.
Community Banking Brief brings together the best content for Community Banking professionals from the widest variety of industry thought leaders.
American Banker
FEBRUARY 10, 2025
It was the largest U.S. transaction ever to instantly settle, following The Clearing House's new transaction ceiling that went into effect Sunday.
The Paypers
FEBRUARY 10, 2025
Swedish fintech firm Klarna has taken into account integrating cryptocurrency into its platform as it prepares for a potential US initial public offering (IPO).
American Banker
FEBRUARY 10, 2025
The digital banking software provider recently received $160 million in funding and hopes to grow its bank client list as it upgrades product offerings.
The Paypers
FEBRUARY 10, 2025
Paysafe stock has surged higher following a report that mentioned the way the company is exploring a potential sale after receiving takeover interest.
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American Banker
FEBRUARY 10, 2025
TD has been adjusting its balance sheet to comply with a cap on its U.S. retail banking assets, imposed last year as part of its money-laundering plea.
The Paypers
FEBRUARY 10, 2025
Australia-based AMP bank has partnered with Mastercard to introduce numberless debit cards for its small business and personal banking customers in a makeover designed to combat fraud and scams.
American Banker
FEBRUARY 10, 2025
The Canadian bank plans to exit its 10.1% interest in the brokerage firm, allowing it to shore up capital and strategically shrink to adhere to penalties related to its historic compliance failures.
The Paypers
FEBRUARY 10, 2025
Gemini, co-founded by Tyler and Cameron Winklevoss, has reportedly been in talks with advisers on an Initial Public Offering (IPO) for as early as 2025.
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Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.
American Banker
FEBRUARY 10, 2025
India's central bank said it would issue domains ending in.bank.in, potentially conflicting with industry-led efforts to promote.bank domains.
The Paypers
FEBRUARY 10, 2025
Corpay , a global corporate payments company, has signed definitive agreements to acquire Brazil-based mobile payments firm Gringo.
American Banker
FEBRUARY 10, 2025
Ramp, NerdWallet and Rocket all released commercials at this year's Super Bowl where the Eagles defeated two-time reigning champions the Chiefs.
The Paypers
FEBRUARY 10, 2025
Faysal Bank Limited (FBL), a Pakistan-based Islamic bank, has signed an MoU with Pakistan State Oil (PSO) for the implementation of digital acceptance solutions at PSO fuel stations nationwide.
Advertiser: ZoomInfo
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Fintech Labs Insights
FEBRUARY 10, 2025
Other than a brief spike in 2018, its been 15 years since short-term rates were high enough for most small-to-medium-size businesses (SMB) to care about chasing yield on their parked cash. But thats changed dramatically in the past year. With risk-free rates in the 4% range, even a business with $50k in reserve (throwing off $175/mo pre-tax) has an incentive to sweep that out of a non-interest checking account.
The Paypers
FEBRUARY 10, 2025
Crypto payment solutions provider RedotPay has partnered with Visa and StraitsX to roll out a crypto-backed credit card programme in Singapore.
American Banker
FEBRUARY 10, 2025
McKernan, a member of the Federal Deposit Insurance Corp.'s board of directors, offered measured resistance to Biden-era bank regulation and led on a number of issues including cracking down on the influence of asset managers who hold stakes in FDIC-insured banks.
The Paypers
FEBRUARY 10, 2025
Digital platform for cross-border financial transactions Rapyd has planned to raise USD 300 million from investors in order to acquire a payment processing startup.
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It's the time of year to give our close process some TLC. Join us in this one hour webinar where we discuss how to adopt leading practices and infuse technology into the month-end close process to improve our experience and increase our productivity during month-end and quarter-end close. Learning Objectives: This course's objective is to understand how the month-end close can be improved with automation and adoption of leading practices.
American Banker
FEBRUARY 10, 2025
The Ontario-based lender announced a partnership that represents the first dividend from its recent acquisition of a Minnesota-based community bank.
The Paypers
FEBRUARY 10, 2025
Private commercial bank Trust Bank has teamed up with TerraPay to provide a payment solution for students across Bangladesh.
Payments Dive
FEBRUARY 10, 2025
Republican senators revived a bill last week to block the Federal Reserve from creating a central bank digital currency.
The Paypers
FEBRUARY 10, 2025
Vantage Bank has announced its partnership with Finzly in order to modernise payment operations through the use of a unified payment hub.
Advertiser: ZoomInfo
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