May 2, 2025
| Today’s news and insights for banking industry leaders
“I think they’re chipping away, so that they can get to the Federal Reserve Board,” the former NCUA chair said Thursday of his and a fellow board member’s dismissal by the Trump administration.
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The bureau cited resource constraints and fairness, adding that it would focus on “pressing threats.” One opponent said the CFPB “can't simply gut rules by press releases on its whim.”
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First Citizens Bank of Butte will be the sixth whole bank a credit union has announced it would acquire in 2025.
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Explore how technology and business leaders in banking can achieve the high impact of generative AI without the risk.
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Crypto.com has collaborated with other mainstream financial firms like Visa and FIS to offer its digital currency customers more services.
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Terry Mendez, who replaced Sundie Seefried this year at the helm of the cannabis banking pioneer, has cut costs and seeks to rebound after the company’s loss nearly tripled last year.
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Column
The closure of Citi’s we-hardly-knew-ye office in Málaga, Spain – combined with moves to preserve overdraft fees and toughen in-office requirements – make it clear that if 2025 threw a party, 2022 would not be invited.
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Although digital transformation has helped banks unlock new revenue streams, it also creates new vulnerabilities for malicious actors to exploit. Learn how to stay ahead of modern fraud risks in this playbook.
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