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WASHINGTON—Federal Deposit Insurance Corp. Chairman Travis Hill said the agency is exploring whether banks should be allowed to count some of their borrowing capacity at the Federal Reserve's discount window toward regulatory liquidity requirements, a potential shift that could reshape how institutions manage liquidity risk. Hill outlined the concept during the June 17 New York Banking Summit, saying discussions are in the early stages and involve coordination with other banking regulators and the Fed, American Banker reported.

LOS ANGELES— A federal judge has refused to dismiss a lawsuit brought by $73-million POLAM FCU against core processor Fiserv, allowing the credit union to move forward with claims that the company breached its contract, misrepresented the security of its systems and improperly imposed termination-related fees.

NEW YORK—Visa and Mastercard are asking a federal judge in New York to dismiss a newly filed proposed class-action lawsuit by merchants, arguing the claims are barred by the future-claims release contained in the card networks’ landmark $5.54 billion interchange-fee antitrust settlement. Law360 reported.

NEW YORK—Citigroup is facing a whistleblower lawsuit from a former senior risk management executive who alleges the bank terminated her employment after she raised concerns about risk-management deficiencies and shortcomings in the institution's anti-money laundering controls.

MEMPHIS, Tenn.—A new report from SRM suggests the current wave of bank and credit union mergers is being driven less by financial distress and more by the growing need for scale to support investments in technology, talent and payments infrastructure.

JACKSON, Miss.—The fallout from the alleged $95-million fraud at Jackson Area Federal Credit Union intensified this week after Chad Bridges, the Mississippi Insurance Department executive named in the NCUA's civil lawsuit, was terminated from his state position just days after being placed on administrative leave.

TAMPA--Despite persistent inflation, elevated gasoline prices and weakening consumer sentiment, Americans continue to spend, but significant generational differences are emerging in how they pay and where they direct their dollars, according to the latest Velera Payments Index, which found younger consumers increasingly favoring digital-first payment experiences and essential spending categories while older consumers maintain more traditional payment habits.