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...
Brazilian digital bank PicPay has begun rolling out an integration with Anthropic’s Claude that enables PicPay customers to check financial information in Claude by using...
The banking day is disappearing faster than the treasury operating model built around it. Citi on Thursday (Sept. 3) said it processed live U.S. dollar...
Embedded finance can bring banks deposits, fee income and assets generated through somebody else’s distribution. Earnings results showed banks don’t all want the same mix....
Diameter Pay has reportedly raised $10 million in a Series A funding round as the stablecoin payments infrastructure provider looks to expand its banking, payments...
FinTech company OpenReserve has gotten conditional approval for a U.S. banking charter. The company received that permission from the Office of the Comptroller of the Currency this week, CEO Dee...