Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and...
The 21st century has seen a shift in how nonbanks enter the financial system. Get the Full Story Complete the form to unlock this article...
Comptroller of the Currency Jonathan Gould reportedly said that the Office of the Comptroller of the Currency’s (OCC) work to relax leveraged-loan rules for banks will reduce the regulatory...
Banks are increasingly turning to artificial intelligence to cut costs and improve customer service, with savings showing up most clearly in call center operations. Get...
Swiss banking giant UBS reportedly plans to begin offering cryptocurrency trading in response to growing demand from wealthy clients. Get the Full Story Complete the...
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. Get the Full Story Complete the...
Buy now, pay later (BNPL) provider Affirm aims to establish a bank subsidiary called Affirm Bank. Get the Full Story Complete the form to unlock...
Capital One paired its fourth-quarter earnings report Thursday (Jan. 22) with the announcement of its acquisition of Brex, positioning the deal as a structural move...
Capital One plans to acquire expense management platform Brex for $5.15 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...