Recent Posts
News•Feb 16, 2026
Fed's Bowman Wants to Boost Banks' Share of Mortgage Market
Federal Reserve Vice Chair for Supervision Michelle Bowman announced that the Fed will soon propose two mortgage‑related regulatory changes aimed at lowering banks' capital costs and encouraging greater bank participation in mortgage origination and servicing. The proposals could revise Basel capital treatment for mortgage‑servicing assets and introduce loan‑to‑value‑based risk weights for residential loans. By easing the over‑calibrated capital requirements, the Fed hopes to reverse a 15‑year decline in bank market share, which fell from roughly 60% of originations in 2008 to 35% in 2023. The moves also target consumer protection gaps associated with non‑bank servicers.
By American Banker Technology
News•Feb 10, 2026
Developer Colony Ridge to Pay $68M in DOJ, Texas Settlement
Houston developer Colony Ridge Development LLC agreed to a $68 million settlement with the U.S. Department of Justice, the CFPB and Texas over allegations of discriminatory, predatory lending targeting Hispanic immigrants. The deal allocates $48 million to flood‑control, road and utility upgrades...
By American Banker Technology
News•Feb 10, 2026
Ethereum Becomes Rail of Choice for Crypto-Curious Bankers
Major U.S. banks are reviving Ethereum‑based solutions, especially Layer‑2 networks, to launch tokenized deposits and cross‑border payments. Projects such as JPMCoin on Base, Citi’s USD tokens, and a SWIFT‑backed Ethereum platform illustrate growing institutional confidence. Legislative moves like the GENIUS...
By American Banker Technology
News•Feb 10, 2026
Regional Bank Execs Love Mobile Apps, Fear Wire Transfer Fraud
Regional midsize and community banks are prioritizing mobile banking apps, with 54% ranking them among the top five technology spend categories for 2026. At the same time, 42% of respondents view agentic artificial intelligence as the most significant catalyst for...
By American Banker Technology
News•Feb 10, 2026
Visa Helps Merchants Accept Card Payments Through iPhones
Visa has launched a software development kit that lets merchants accept Apple Tap to Pay on iPhones, eliminating the need for separate card‑reading hardware. The SDK is distributed via Visa’s Acceptance Platform and includes access to Visa’s tokenisation, fraud and unified commerce...
By American Banker Technology
News•Feb 10, 2026
To Monitor an AI-Driven Economy, the Fed Is Going to Need New Tools
Professor Derek Horstmeyer warns that the Federal Reserve’s traditional metrics will lag in an AI‑driven economy where stable‑coin transactions and compute‑intensive agents dominate. He proposes three actions: tracking compute and energy costs, gaining visibility into a burgeoning shadow‑banking sector, and...
By American Banker Technology
News•Feb 9, 2026
Georgia Woman Sentenced for $1.5 Million Bank Fraud Scheme
A Georgia woman, Dechanta Benning, was sentenced to 70 months in federal prison for a mail‑theft‑related check fraud scheme. Prosecutors allege the scheme stole between $550,000 and $1.5 million by intercepting business checks, altering payees, and using mobile‑deposit technology. Benning opened...
By American Banker Technology
News•Feb 9, 2026
Why Small Banks, Credit Unions Are Buying Onboarding Tech
Community banks and credit unions are adopting fintech onboarding platforms like Swaystack to improve customer activation and direct‑deposit capture. Since its April 2024 launch, Swaystack has added 18 clients ranging from $100 million to $7 billion in assets. Early adopters such as Kohler...
By American Banker Technology
News•Feb 9, 2026
COVID Loan Program Leaves some Borrowers in a Bind
The Federal Reserve’s Main Street Loan Program, launched in 2020 to support medium‑sized firms, is winding down with only $43.9 million of the original $17.5 billion still outstanding. Net loan losses have surged to $1.97 billion, and the program’s rigid 70 % balloon‑payment structure...
By American Banker Technology
News•Feb 6, 2026
Banks Gain Amid Software Stock Rout, Despite Credit Questions
Bank stocks have outperformed the broader market as software shares tumble, with the KBW Nasdaq Bank Index gaining over 2% in the past month while the S&P Software Index dropped more than 20%. Analysts note that banks’ direct exposure to...
By American Banker Technology
Deals•Feb 3, 2026
Columbia Financial to Acquire Northfield Bancorp for $597M
Columbia Financial, a $11 billion asset bank based in New Jersey, announced a $597 million acquisition of New York‑based Northfield Bancorp, giving Columbia its first presence in New York City. The deal, announced Monday, is expected to close in Q3 and includes...
American Banker Technology
Deals•Jan 31, 2026
First Independence Bank Acquires Metropolitan Capital Bank Assets in FDIC-Facilitated Deal
The FDIC placed Metropolitan Capital Bank & Trust into receivership and entered a purchase‑and‑assumption agreement with Detroit‑based First Independence Bank, which will acquire $251 million of assets and $212.1 million in deposits. The transaction, announced on Jan. 31 2026, is expected to cost the...
American Banker Technology
Deals•Jan 28, 2026
Prosperity Bancshares to Acquire Stellar Bancorp for $2 Billion
Prosperity Bancshares announced a $2 billion cash‑and‑stock acquisition of rival Stellar Bancorp, creating the second‑largest Texas‑headquartered bank with $54 billion in assets and the top deposit share in Beaumont. The combined entity will retain the Prosperity name and the deal is expected...
American Banker Technology
Deals•Jan 22, 2026
Rain Raises $250M in Funding Round at $2B Valuation
Stablecoin-card infrastructure provider Rain announced the closing of a $250 million funding round, valuing the company at nearly $2 billion. The round was completed earlier this month, underscoring growing investor interest in crypto-linked payment solutions.
American Banker Technology
Deals•Jan 15, 2026
Portage Takes Over $280M Fintech Portfolio From Point72 Ventures via Continuation Fund
Point72 Ventures announced the transfer of its fintech holdings to a $280 million continuation fund managed by Portage, the fintech arm of Sagard. Goldman Sachs Alternatives led the fund investment, and Portage will oversee roughly 40 fintech assets, with former Point72...
American Banker Technology
Deals•Jan 8, 2026
Taylor Fresh Foods Invests 16.3% Stake in Pacific Valley Bank
Pacific Valley Bank announced that Taylor Fresh Foods has acquired a 16.3% ownership stake, investing an undisclosed amount. The corporate investment will support the bank’s growth and expand its lending capacity, with Taylor Fresh Foods taking a minority, non‑controlling position.
American Banker Technology
Deals•Jan 6, 2026
Fifth Third and Comerica Secure Shareholder Approval for $10.9B Merger
Fifth Third and Comerica received near‑unanimous shareholder approval for their $10.9 billion merger, with 99.7% and 97% votes respectively. The deal still awaits Federal Reserve approval and faces a lawsuit from activist investor HoldCo Asset Management. If completed, the merger would...
American Banker Technology
Deals•Jan 1, 2026
Commerce Bancshares Completes $585M All‑stock Acquisition of FineMark Holdings
Commerce Bancshares finalized a $585 million all‑stock purchase of FineMark Holdings on New Year’s Day, expanding its wealth‑management platform to $90 billion in assets under administration. The deal marks the bank’s first acquisition in 12 years and positions it for growth in...
American Banker Technology