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OCC Drops Consent Order Against Wells Fargo

OCC Drops Consent Order Against Wells Fargo

Bank launches Office of Consumer Practices to improve governance of financial products and complaint handling
Former Kentucky Bank CEO Banned by Federal Reserve

Former Kentucky Bank CEO Banned by Federal Reserve

Carolyn Flynn neither admitted or denied wrongdoing over a loan to a family member
Visa Abandons Acquisition of Fintech Plaid

Visa Abandons Acquisition of Fintech Plaid

The deal was first announced a year ago but has faced significant legal challenges
Banks kick off 2021 with a host of deals

Banks kick off 2021 with a host of deals

A swathe of U.S. banks started the new year with a raft of acquisitions and partnerships
Banks must wait in line for PPP funds

Banks must wait in line for PPP funds

Community lenders have been granted priority over banks to deliver U.S. small businesses billions of dollars worth of loans
ABA warns proposed rules could threaten banks

ABA warns proposed rules could threaten banks

The commercial viability of some U.S. banks could be put in jeopardy if they are forced to adhere to proposed new rules, the American Bankers’ Association has warned
Banks Cleared to Accept Crypto Payments

Banks Cleared to Accept Crypto Payments

The OCC says banks and savings associations can participate in crypto transactions and engage with blockchain networks
How the Pandemic Has Reshaped the Fintech Landscape

How the Pandemic Has Reshaped the Fintech Landscape

New report from McKinsey finds strong take up of banking apps, but lack of penetration beyond tech-savvy users
M&A Update: Farmers & Merchants to Buy Indiana Community Bank

M&A Update: Farmers & Merchants to Buy Indiana Community Bank

F&M set to acquire Ossian State Bank, while Consumers National Bank adds two CFBank branches and Coulee Bank brings on assets from BNC
Prepare for Second Round of EIPs, Banks Told

Prepare for Second Round of EIPs, Banks Told

The ABA has urged banks to prepare as a fresh round of economic stimulus payments is rolled out
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