July 18, 2025
| Today’s news and insights for banking industry leaders
Prosperity Bancshares in Texas agreed to buy American Bank in a $321.5 million deal, while Bank First Corp. inked a $174.3 million deal with Centre 1 Bancorp.
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Vishal Idnani will take the CFO reins in January. Dale Gibbons, who’s been the bank’s finance chief for two decades, will become chief banking officer for deposit initiatives and innovation at the lender.
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The OMB chief said representatives from his agency aim to visit the central bank site “in the next week.” Meanwhile, a potential successor at the Fed pushed a vision for partnership with the Treasury.
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In the digital era, financial services firms need advanced fraud detection capabilities to remain competitive. This webinar explores how AI-powered fraud detection solutions can help:
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Andrew Zitney shifted into the role this week, filling a vacancy that opened when Brian Franz took a tech leadership position with Estée Lauder in April.
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The prospect of a more favorable regulatory environment for digital assets has large lenders exploring or plotting stablecoin plans, JPMorgan, BofA, Citi and U.S. Bank executives indicated this week.
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The company deployed automated coding tools to its 17,000 software developers, CEO Brian Moynihan said Wednesday.
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As competition for deposits intensifies, institutions are modernizing origination and engagement strategies. Learn how banks like Univest are evolving their deposit approach to drive long-term growth in this webinar.
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