Federal Reserve Gov. Michael Barr said he is worried that the persistently high inflation rate observed in recent months could lead to higher consumer expectations of inflation over the long run, a ...

The retail giant is betting on the mainstream appeal of digital assets, while Lloyds' cash-preservation strategy gains steam. That and more in American Banker's global payments and fintech roundup.

Key insight: An AI assistant is shortening traders' idea generation time from hours to minutes. What's at stake: Firms risk losing client edge if AI-driven research access isn't operationalized ...

Migrants, recently released from an ICE detention center, arrive at the airport in Shreveport, Louisiana, on Wednesday, August 2024. What's at Stake: A federal appeals court found that Nexus Services ...

After flirting with selling itself for years, FirstBank ended up in something of a shotgun marriage, hammering out the terms of its acquisition by PNC Financial Services Group in a matter of days. PNC ...

WASHINGTON — Treasury Secretary Scott Bessent said he supports the idea of changing asset thresholds for banks, arguing that current levels are outdated. Speaking at a Community Banking Conference ...

Chana R. Schoenberger is the editor-in-chief of American Banker. Previously, she was the editor-in-chief of Financial Planning after joining Arizent in 2020. In her prior role, she was the managing ...

A new interagency guidance clarifies when banks must report suspicious activity, easing compliance workloads and narrowing the reporting requirements to focus on higher-value cases.

Canadian banks, financial institutions, fintechs and commerce companies have come together to develop a Canadian-dollar-backed stablecoin that is slated to go live in early 2026. The move comes as U.S ...

A multi-stablecoin world brings choice and flexibility to an emerging and potentially vast market, writes Noelle Acheson. The resulting chaos has solutions, and selection will streamline the available ...

The future of payments and finance depends on making transactions automatic, easy and almost out of sight. It's a goal that's existed for years, inspired by ride-sharing apps like Uber that allow ...

The 'Roughrider' coin, which is scheduled to launch in early 2026, will be the first state stablecoin to launch on Fiserv's digital asset platform.