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American Banker
Online Audio and Video Media
New York, New York 185,024 followers
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
About us
American Banker, an Arizent brand, is the banking industry's most powerful information resource providing analysis, insight and perspective on the business of banking. American Banker covers the people, trends, regulations and technologies driving the industry, helping readers keep pace with changes and opportunities in the marketplace. Executives and industry influencers also engage via American Banker's online and live conferences and seminars.
- Website
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http://www.americanbanker.com
External link for American Banker
- Industry
- Online Audio and Video Media
- Company size
- 201-500 employees
- Headquarters
- New York, New York
- Type
- Privately Held
Locations
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Primary
One State Street Plaza
27th Floor
New York, New York 10004, US
Employees at American Banker
Updates
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“This bill is among the first in the country to attempt to regulate the burgeoning artificial intelligence industry on such a scale. … I appreciate the sponsors’ interest in preventing discrimination and prioritizing consumer protection as Colorado leads this space,” said Colorado Governor Jared Polis, D-Colo.
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American Banker reposted this
It's been four months since Federal Reserve Board Chair Jerome Powell said "broad and material" changes would be coming to the joint capital reform proposal from the Fed, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency. For those in and around the banking sector wondering whether such changes would be brought to bear in a finalized rule, or a totally new proposal. Today, Powell said he would rather it be the latter. During his testimony in front of the Senate Banking Committee this morning, Powell said there is a strong consensus on the Fed's Board of Governors for re-proposing the rule and opening it up for a new round of public commentary. But the same cannot be said for the other two agencies involved in the joint rulemaking. At least not yet. Get the full details in my piece for American Banker. #banks #bankreg #capital #baseliii #endgame #baseliiendgame https://lnkd.in/exibAaGi
Fed's Powell says new proposal for Basel III endgame is "essential"
americanbanker.com
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American Banker reposted this
Fifth Third Bancorp has agreed to pay $15 million to settle a lawsuit brought by the CFPB over fake checking accounts. It also agreed to pay a $5 million fine to resolve new revelations that customers were overcharged for force-placed auto insurance over nearly a decade. However, it's important to note that Fifth Third did not admit or deny wrongdoing, and it did not acknowledge or accept the bureau’s allegations that there was a widespread or systemic problem with fake accounts. #banks #bankingsector #enforcement https://lnkd.in/grg_tBGW
Fifth Third settles with CFPB over fake accounts, insurance violations
americanbanker.com
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Micromanaging the terms under which payment networks are willing to process debit-card transactions is bad for both businesses and consumers. Congress has the power to roll back intrusive regulations, writes Eric Grover, of Intrepid Ventures, in American Banker’s BankThink.https://bit.ly/4bE0pzQ
Congress should restore market-driven debit-interchange pricing
americanbanker.com
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American Banker reposted this
Can Brex attract and retain business clients? A new American Banker story dives into its strategy.
How Brex is fighting to keep B2B clients
americanbanker.com
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American Banker reposted this
Join me at 1 pm today for American Banker's latest Leaders session, where we'll be taking a deep dive into bank CEO pay trends in 2023, with guests Kelly Malafis and Shaun Bisman from Compensation Advisory Partners. Registration info below.
Analyzing pay trends for bank CEOs
americanbanker.com
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With major banks like JPMorgan Chase and Bank of America getting more aggressive in B2B payments, Brex is also adding to its product suite to keep pace.
How Brex is fighting to keep B2B clients
americanbanker.com
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How Capital One is using Stripe, Adyen data to fight fraud;Chevron reversal could factor into Custodia appeal; how Sacramento's Five Star Bank aims to fill gap left by San Francisco failures; why gen AI could be the answer to banking core modernization; Treasury may expand its oversight of land deals near military sites; this week's news quiz; and more in today's newsletter.
Capital One vs. fraud; can gen AI modernize banking cores?
American Banker on LinkedIn
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American Banker reposted this
Have you applied yet for this year's Most Influential Women in Payments: NEXT, for executives under 40? Just over a week left — visit American Banker to get started:
How to apply for Most Influential Women in Payments: Next
americanbanker.com