Exclusive research: Regulatory woes hamper BNPL adoption
American Banker’s 2026 BNPL Tradeoff Survey: Exploring the Pros and Cons of This Emerging Lending Trend In a world increasingly turning towards digital options for financial services, the buy now, pay later (BNPL) trend is gaining momentum. This alternative lending option has caught the attention of consumers and financial institutions alike, sparking a race among […]
For small banks using AI, good data is key
For Community Banks, Quality Data is Essential for Effective AI Use The rise of artificial intelligence (AI) in the banking sector has been a game-changer, with institutions of all sizes adopting this technology for a variety of functions. However, as community banking experts have highlighted, the success and usefulness of AI are heavily reliant on […]
AOFM liquidity buffer ‘excessive’
Insights from the Treasury Review of the Australian Office of Financial Management The Australian Office of Financial Management (AOFM) recently underwent a thorough review by the Treasury, yielding some interesting findings and recommendations. The review was led by Guy Debelle, the former deputy governor of the Reserve Bank of Australia (RBA), with assistance provided by […]
Much-maligned small-business data rule close to finish line
The Controversy Surrounding the 1071 Rule When Vought was appointed acting director by President Trump, he made it clear that the Consumer Financial Protection Bureau (CFPB) would not comply with the 1071 rule. This rule, which aims to provide transparency in small-business lending, has been met with mixed reactions from various stakeholders. The 1071 Rule […]
As retirement pessimism rises, advisors play critical role
Rising costs, concerns about Social Security, and geopolitical turmoil have dampened retirees’ hopes in 2026. And it looks like the next year won’t be better. Processing Content The Employee Benefit Research Institute’s (EBRI) Retirement Confidence Survey showed that both workers and retirees are growing pessimistic, with sentiment down sharply compared to 2025. The silver lining […]
Fintechs asking for, and receiving, bank charters in 2026
The Rise of Fintechs Becoming Banks in 2026 The year 2026 is proving to be a pivotal year for the financial technology industry, with an increasing number of fintechs seeking to become fully licensed banks. In the first quarter alone, nearly 20 neobanks, digital asset companies, lenders, and payments providers have applied for or conditionally […]
Mercury secures nod to set up Mercury Bank, N.A.
Mercury first said in December 2025 that it intended to pursue a national bank charter. Credit: Zoya KH/Shutterstock.com Mercury Plans to Establish Mercury Bank, N.A. Mercury, a leading US fintech company, has recently received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish Mercury Bank, N.A. This marks a significant […]
The new path to a job at an electronic trading firm
The Intersection of Risk, Skill, and Opportunity in Electronic Trading When it comes to impressing electronic trading firms like Jane Street with your risk appetite and technical skills, there are countless avenues to explore. However, one unique and engaging way to stand out is by showcasing your abilities in a poker tournament without even placing […]
Sr Account Manager, Banking | New York, NY, USA
About Northern Trust: A Premier Financial Institution Northern Trust is a preeminent financial institution that has been serving its clients since 1889. Known for its exceptional service, expertise, and integrity, this Fortune 500 company continues to be a trusted name in the financial world. Here. With over 130 years of financial experience and a team […]
BoE says more work needed on UK bank capital requirements
BoE Executive Director Calls for More Work on UK Bank Capital Requirements The Bank of England’s Prudential Regulation Authority (PRA) has indicated that more work is needed to reform UK banks’ capital requirements. David Bailey, the bank’s executive director for prudential policy, announced this during the JP Morgan UK Banks Asset and Liability Management conference. […]