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Michelle Bowman: A New Era for U.S. Banking Regulation

In a move that could reshape the future of American banking, Michelle Bowman, a fifth-generation community banker, is set to become the Federal Reserve's...

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Former TD Bank Employee Pleads Guilty in Check-Fraud Scheme: A Stark Reminder of the Risks in Financial Institutions

In a case that highlights the vulnerabilities within financial institutions, a former employee of TD Bank's anti-money-laundering (AML) department has pleaded guilty to felony...
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MoneyLion to Be Acquired by Gen Digital: A New Chapter for the Fintech Firm

In a significant move for the fintech industry, MoneyLion, a popular digital banking platform, announced that its shareholders have voted in favor of a...

TD Bank’s Guilty Plea and the Road to Strengthened Anti-Money Laundering Efforts

Last fall, TD Bank found itself at the center of a major financial scandal when it pleaded guilty to criminal money-laundering conspiracy charges. As...

Michelle Bowman’s Nomination as Fed Vice Chair for Supervision: A Closer Look

In March 2025, President Donald Trump nominated Federal Reserve Governor Michelle Bowman to serve as the central bank's Vice Chair for Supervision, succeeding Michael...

Revolut Fined €3.5 Million by Bank of Lithuania for Anti-Money Laundering Lapses

In a significant regulatory action, the Bank of Lithuania has imposed a €3.5 million ($3.8 million) fine on British fintech company Revolut for deficiencies...

Reimagining Customer Experience: Highlights from American Banker’s CX Innovation Summit

As the financial services landscape continues to evolve, so do customer expectations. Gone are the days when convenience alone was enough. Today, banking customers...

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The Federal Reserve’s Cautious Approach: Waiting on the Impact of New Policies

As the Trump administration's sweeping policy changes on tariffs, immigration, and government spending continue to unfold, their potential ramifications on the U.S. economy remain...

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