Sept. 16, 2025
| Today’s news and insights for banking industry leaders
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Seven Democratic senators urged financial regulators to withdraw their planned rescission of an update to the decades-old anti-redlining rule.
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Acquiring privately held Vista, which has operations in Texas and Florida, would push Denver-based NBH to $12.4 billion in total assets.
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A three-judge panel voted 2-1 to reject President Donald Trump’s request to uphold his firing of the central bank governor. The majority opinion focused on due process and not mortgage fraud allegations.
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Unlock smarter, faster, more inclusive lending, powered by real-time cash flow insights.
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Lawmakers voted 48-47 to allow Trump ally Stephen Miran to serve as a governor at the central bank for a term that ends in January. He’ll likely attend an interest rate-setting meeting Tuesday.
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Under the agreement between the two companies, the bank will be paid for sharing consumer data with Plaid. Fintech groups excoriated JPMorgan for the new access fees.
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The bank named Dean Athanasia and Jim DeMare co-presidents, while CFO Alastair Borthwick added executive vice president to his title.
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Banks will spend $97 billion on AI by 2027 — yet only 11% of banks have deployed AI successfully so far. Learn how to automate core banking operations with autonomous AI in this playbook.
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