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Trump Nominates Michelle Bowman as Fed’s Top Bank Regulator, Signaling Shift Toward Lighter Oversight

​In a pivotal move that promises to reshape the U.S. banking landscape, President Donald Trump has nominated Federal Reserve Governor Michelle Bowman to serve...

Receipes

Social Security Administration Expands Master Death File: A Shift for Banks and Lenders

In a move that is poised to reshape how financial institutions track and manage deceased individuals, the Social Security Administration (SSA) is expanding its...
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Fitness

Digital Driver’s Licenses: A New Frontier for Bank Verification

As more U.S. states roll out digital driver’s licenses (DLs) or seriously consider adopting them, the financial sector faces mounting pressure to update its...

Shareholders Push for Return to In-Person Meetings as Banks Settle into Virtual Norm

As the world continues to adapt to the shifting landscape shaped by the pandemic, one sector is facing growing unrest from its investors. Five...

The Hidden Cost of Capping Credit Card Fees: Why State-Level Efforts Could Undermine Consumer Rewards

Imagine swiping your credit card for everyday purchases—groceries, gas, a new pair of shoes—and no longer seeing points pile up toward a flight or...

Bank of America: Over 90% of Employees Now Using AI – The Future of Banking is Here

In an era where technology is reshaping every industry, one of the biggest players in the financial sector, Bank of America, is leading the...

A Quiet Shift: OCC’s Groundbreaking Move to Allow Banks to Engage with Digital Assets

As the spotlight shone brightly on the first-ever White House Crypto Summit, an equally pivotal development was unfolding behind the scenes. While policymakers, regulators,...

Gaming

After Goldman Split, Apple’s Credit Card and Wallet Business Draws Eager Suitors

Apple’s break-up with Goldman Sachs in 2023 might have closed one chapter, but it’s opened the floodgates for what could be one of the...

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