The first comment period on the Office of the Comptroller of the Currency’s proposed application forms for payment stablecoin issuers closed Friday (Sept. 25), with...
The 43% of scam victims who pay fraudsters within an hour present banks with an obvious problem. There may be almost no time to stop...
Nvidia is moving the artificial intelligence kill switch deeper into the machinery, giving businesses a way to stop autonomous agents even when the software directing...
HSBC has unveiled Smart Checking, an artificial intelligence (AI)-powered tool focused on enhancing trade finance operations. The new offering is designed to “transform and standardize”...
Bank regulators and federal lawmakers have expressed concerns about the appearance of contracts on prediction market Polymarket that are tied to the likelihood of bank failures,...
The Federal Reserve’s stablecoin proposals on Thursday (Sept. 24) put a third federal bank regulator’s plans on the table. Banks can now see how the Fed,...
Tokenized deposits have reached the point where banks can begin finding out what works and what needs work. Seven banks in the United Kingdom participated...
Stablecoins spent years trying to prove they could move money better than banks, and they have succeeded. Announcements this week from banks, card networks, cryptocurrency...