U.S. Bank has debuted its own stablecoin, the latest lender embracing the digital asset. The bank announced Wednesday (Sept. 9) that it had used the dollar-backed USBDC for...
Huntington Bank has named a new president as part of its CEO succession plan. Brant Standridge, who has served as president of consumer and business banking...
Mastercard and Visa have joined a new World Bank initiative to promote digital payments in emerging markets. The International Finance Corporation (IFC), a member of the World Bank Group that concentrates...
Block aims to establish a national trust bank that would provide custody and related fiduciary services, including those for bitcoin and stablecoins, the company said...
Fifth Third Bancorp completed the technical and brand conversion of the Comerica franchise over the Labor Day weekend, the bank said in a Tuesday (Sept....
A merger between EverBank and WaFd pairs digital reach with a large branch network at a time when banks are finding value in customers who...
Seattle-based bank WaFd has agreed to merge with EverBank in a $3.9 billion deal. The combination, announced Monday (Sept. 7), will see WaFd remain a...
American banks are reportedly facing increased pressure to halt financial activity tied to Iran. But as The Wall Street Journal (WSJ) reported Saturday (Sept. 5),...
For banks seeking a larger share of their commercial customers’ operating cash, new federal deposit rules may help those efforts. The Federal Deposit Insurance Corp.’s...