American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Published Nov 14, 2023
Phasing out paper statements? Citi's stumble holds lessons for others: A recent effort by Citi to nudge certain customers toward digital-only statements was well intended but too punitive, observers say. The key, they argue, for banks seeking to cut costs or achieve other goals is to offer incentives to those with ingrained habits.
Sign up hereto receive American Banker's complete Daily Briefing newsletter — delivered to your inbox every morning.
SBA 7(a) loans are getting smaller: Since the end of the U.S. Small Business Administration 's 2022 fiscal year, the average loan size in its flagship program has dropped more than six figures. The addition of three new nondepository lenders could further drive down this figure.
CFPB, regulators boost thresholds for Truth in Lending standards by 4.5%: The Consumer Financial Protection Bureau , Federal Reserve Board and other banking regulators rolled out their annual adjustments for the thresholds that determine whether activities eligible for enhanced standards.
U.S. Bank is leaning on Elavon for BNPL reach: U.S. Bank is adding fintech-style buy now/pay later lending to other recent payment upgrades at its merchant acquiring unit.
Senate Republicans ask regulators to withdraw Basel III proposal: Senate Banking Committee ranking member Tim Scott, R-S.C., released one of his first major public bank policy pushes in months after formally suspending his presidential campaign.
Know a dynamic woman leader in the payments industry? It’s time toapply for the annual Most Influential Women in Payments awards.
Capital One seeks dismissal of lawsuit brought by disgruntled savers: The bank was recently sued by customers who say they were misled into thinking that their savings accounts were earning competitive rates. Capital One responded with a series of arguments for why the case should be thrown out.
To view or add a comment, sign in
More articles by this author
No more previous content
-
United Community sticks with acquisition strategy; Wells Fargo suffers AML setback
Sep 13, 2024
-
Warsaw Federal's capital raise stirs hopes; M&T Bank is optimistic; Klarna faces AML heat
Sep 12, 2024
-
Two Northeast banks merge; unlinking between last year's bank failures and raising capital
Sep 11, 2024
-
Biometric security features aren't fool-proof; Eagle Bancorp charts turnaround; check fraud
Sep 10, 2024
-
U.S. Bank sees jump in SBA loans; Fed officials back rate cut; PayPal's rewards upgrade
Sep 9, 2024
-
Trump lays out his economic platform; bank uses gen AI to identify problems; ConnectOne deal
Sep 6, 2024
-
What banks are thinking about ahead of Fed's rate cut; credit union-bank mergers near record
Sep 5, 2024
-
Chase and the viral check-fraud video; Hsu calls for new supervisory approach; stadium names
Sep 4, 2024
-
Optus CEO steps down after getting Black-owned bank on track; FDIC to outsource conduct probes
Sep 2, 2024
-
A merger deal in Minneapolis' affluent western suburbs; co-branded card pitfalls; AI and energy
Aug 30, 2024
No more next content
