VersaBank has waited two years for a green light on its $13.5 million proposed purchase of Stearns Bank Holdingford. Now it just needs the OCC's sign-off.

Canada’s second largest lender has been awash with anti-money laundering woes, with allegations based in multiple states. The bank set aside $450 million in April and overhauled its AML program.

With AI, it is easier to disclaim responsibility for bad outcomes than with any other technology in recent memory,” Acting Comptroller of the Currency Michael Hsu said Thursday.

The proposed class action claims that the lender, from 2011 until 2021, knew of a scheme that duped more than 1,000 investors, most of whom were seniors.

Wilmington, Del., May 29, 2024 – Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of its semi-annual Online Banker ...

Cautious regulators and more drawn-out regulatory approval timelines have given rise to some changes in merger agreement conditions.

The Consumer Financial Protection Bureau laid more groundwork Wednesday for its open banking rule, inking the qualifications necessary for the industry’s eventual standard setters, which will include ...

Newgen Software, a global provider of a low-code platform for end-to-end automation at scale, announced that Centennial Bank, based in Arkansas, has partnered with the IT company to enhance its ...

Felicia La Forgia will oversee the bank's newly minted institutional client group, while Stephen Philipson will lead product business for wealth, corporate, commercial and institutional banking.

The employee, who has since been fired, allegedly took $200 bribes from a Colombian national and allowed the transfer of millions of dollars from the U.S. to Colombia, court documents show.

Citi has increased the amount of leave it offers new parents based in the U.S. and Puerto Rico, effective immediately, the bank said Tuesday in a note to employees. The bank now offers 16 weeks of ...

The Power of Us” used Supernatural AI’s tech to create avatars of the bank’s core target groups and test the baseline idea and initial creative.