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Trump Administration Fires Consumer Bureau Chief Rohit Chopra
Rohit Chopra, who led the Consumer Financial Protection Bureau, was known for his aggressive..
Ahead of Trump Presidency, the Fed Quits Global Climate Network
Fed officials said the decision to leave the network came after the group’s work had “increasingly..
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by..
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.
Wall St. Is Minting Easy Money From Risky Loans. What Could Go Wrong?
Everyone from Jamie Dimon to the International Monetary Fund is ringing alarms about the shadowy..
Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at revised..
Andreessen Horowitz, Benchmark and the Transformation of Venture Capital
The opposing paths taken by two powerful firms — Benchmark and Andreessen Horowitz — embody a..
Eric Trump Promises the ‘Most Pro-Crypto President’ in History
Speaking at a Middle East conference, President-elect Donald J. Trump’s son said his family had..
Alliant CU’s Grover to be fireside speaker at Bank Automation Summit 2025
Bank Automation News is pleased to announce that Sumeet Grover, chief digital officer at Alliant..
Cash App Wades Into the Exclusive World of Presale Concert Tickets
Legacy credit cards and banks aren’t the only banking options to come with perks for premium access ..
TD Bank spends on anti-money laundering tech
TD Bank is investing in technology for anti-money laundering compliance after the U.S. Department..
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of ..
Podcast: AI for credit portfolio management
AI-driven risk management decisioning and monitoring platform EnFi is automating the credit..
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory”..
Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting ..
Arc CEO Muir to speak at Bank Automation Summit 2025
Don Muir, chief executive and co-founder of digital bank Arc, will return to the speaker faculty at ..
Inside Varo Bank’s gen AI co-pilot build-out
Varo Bank is building generative AI co-pilots by tapping internal tooling and Amazon Web Services. ..
Apple Pay, other tech firms come under CFPB regulatory oversight
The top US consumer watchdog will supervise Apple Inc. and other major technology firms that offer..
Just 40% of financial institutions satisfied with cloud investment
Many financial institutions are not satisfied with the investments made in their cloud..
Grasshopper CTO Peter Chapman to speak at Bank Automation Summit 2025
Grasshopper Bank Chief Technology Officer Peter Chapman will speak at Bank Automation Summit U.S...
Why Trump’s Victory Is Fueling a Market Frenzy
Investors have been comforted by a clear election result and are anticipating tax cuts and..
Mortgage Rates Fell, Then Rose. What Comes Next?
Many would-be home buyers are still hoping for mortgage rates to come down as the Federal Reserve..
PNC now plans to spend $1.5B as branch expansion doubled
PNC Financial Services Group Inc. said it will spend $500 million more than originally planned to..
Podcast: Fintech founder Pranger touts virtues of ‘practical’ AI
Fintech Appli recently launched an AI-driven financial calculator that can be embedded into a..
Navy Fed to pay $95M for charging illegal overdraft fees
The Consumer Financial Protection Bureau today fined Navy Federal Credit Union for illegally..
Trump’s Newest Economic Sherpas Are Not Like His Old Ones
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the..
M&A: nCino to acquire FullCircl for $135M
Technology provider nCino Oct. 30 announced plans to acquire SaaS platform FullCircl for $135..
Signature Bank of Arkansas taps CSI for Spanish-language offerings
Signature Bank of Arkansas has started a bilingual branch network called Banco Si to serve..
Financial inclusion boosted by AI, open banking, education
Financial education, accessibility and overall inclusion has improved as technology has advanced in ..
5 questions with … Terry O’Neil of Citi Retail Services
Citi Retail Services monitors client feedback to drive innovation efforts, Terry O’Neil, head of..
Capital One spends $63M on integration of Discover
Capital One invested heavily in integrating Discover Financial Services in the third quarter as it..
Goldman, Apple to pay $89M after CFPB card probe
Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running..
American Business Cannot Afford to Risk Another Trump Presidency
Donald Trump is not running as a champion of business. He is running as a tribune of populist..
TD invests in leadership, data to improve AML compliance
TD Bank is bolstering its anti-money-laundering practices with leadership changes and investment in ..
Is the Trump Trade Back?
Market observers see signs that investors increasingly believe Donald Trump will win the election,..
Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
In a combative interview, the former president hinted at even higher tariffs as an economic magic..
Big Banks Open Their Books for First Test After Rate Cuts
Profits fell at JPMorgan and Wells Fargo, but the lenders reported results that were largely better ..
AI accounts for 31% of VC funding in Q3
Global venture capital funding took a hit in the third quarter, but AI startups accounted for 31%..
Bank Automation Summit U.S. 2025 agenda is live
Bank Automation News is pleased to announce that Bank Automation Summit U.S. 2025 will be held..
Victims of Stanford Financial’s Fraud Scheme May Soon Be Paid. Some Already Sold Their Claim.
Not having much insight into what may happen next in the case of a fraud orchestrated by Robert..
