As Bowman is now expected to be the FRB Head of Supervision, her recent speeches provide insight into the significant regulatory changes under the Trump Administration.

If confirmed, Bowman will face a tough road in loosening restrictions on the largest banks because the majority of the Fed board was appointed by Biden.

Regulators will keep BaaS under the microscope, continuing to put pressure on the space and contributing to fewer banks in the space, expects Brett Pharr, the bank’s CEO.

Chairman Tim Scott (R-S.C.) introduced legislation to eliminate reputational risk as a component of regulatory supervision...The Financial Integrity and Regulation Management Act has received support from a wide range of stakeholders, including from the financial services industry and from organizations representing industries that have been debanked.

Bridgewater Associates founder Ray Dalio speaks to Sara Eisen at CNBC’s CONVERGE LIVE in Singapore about the consequences of what he calls a "severe" supply-demand problem that the U.S. government is facing concerning its debt.

In February the US government spent a staggering $603 billion, a 6% increase from the $567 billion a year ago...

As the banking industry adapts to a low-growth, lower-rate environment, banks can reinforce their foundation for sustainable growth with ingenuity and discipline.

Overdue commercial real estate loans ticked up further as acute stress in the office sector continues to work its way through bank portfolios.The delinquency ratio for commercial real estate (CRE) loans across US banks rose 16 basis points in the second quarter to 1.40%, according to data from S&P Global Market Intelligence.

To stay competitive, banks must adapt and embrace emerging industry trends. This will require being more inquisitive and innovative compared to previous years, as the adoption of AI and cloud technologies continues to expand.

The team behind Bank of America’s digital banking platform for businesses is concentrating on hastening onboarding and increasing personalization to sharpen client experience.

Financial institutions are recognizing that technology strategy and business strategy can no longer be separated. In a recent panel discussion with PYMNTS, Michael Haney discussed the matter with Dan Williams, senior vice president of Embedded Banking at KeyBank.

The $10 million payment was made by BNY and transmitted over The Clearing House’s RTP® network, according to a Monday (Feb. 10) press release. It came one day after the RTP’s transaction limit increased from $1 million to $10 million, a change TCH first announced last year.

The report shares insights from analysis of industry C-suite leader sentiment, bank customer behavior and economic data from eight major markets—the United States, Canada, European Union, United Kingdom, Japan, China, India, and Japan--and what financial institutions and their ecosystem partners can glean from the trends.

Crypto asset legislation is on the horizon. We have started to see legislative proposals, some of which are meant to create a regulatory framework for all crypto assets and others for certain classes of crypto assets such as stablecoins. We expect Congress to increasingly focus on crypto legislation over the next few years. The drawers below contain links to these proposals, as well as helpful summaries and comparisons, sorted by topic area.

The Office of the Comptroller of the Currency issued guidance Friday affirming that national banks can engage in certain cryptocurrency-related activities – rescinding a Biden-era requirement that they need to first obtain supervisory non-objection from the agency before doing so.