Strong job report bolsters odds of a Fed pause this month
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market. For the Federal Reserve, which was already signaling a slowdown in rate cuts, the reading could justify holding rates steady.
Top payment execs on how to manage tech buzz
Honorees from American Banker's Most Influential Women in Payments discuss spotting tangible uses for innovation, rather than buying into hype.
Fed approves merger deal involving Missouri’s biggest bank
The Federal Reserve Board on Friday approved UMB Financial's pending $2 billion acquisition of Heartland Financial.
CFPB issues new fintech sandbox and no-action letter policy
The Consumer Financial Protection Bureau issued two separate policy statements on so-called "sandbox approvals," and "no action" letters for fintechs — measures whose longevity is questionable with the incoming Trump administration.