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...
State financial regulators are beginning to define what artificial intelligence oversight looks like inside banks and FinTech companies, even without a comprehensive federal rule governing...
Revolut and Nubank, the world’s two most-valued digital banks, want to conquer the United States, the Financial Times reported Wednesday (Sept. 23). Both companies obtained...
A group of six banks is calling for artificial intelligence shopping transactions to carry an auditable record of what a customer asked an agent to...
A group of global banks has issued a warning about safety risks tied to agentic commerce. That warning came as part of a set of...
Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system....
U.S. financial regulators have issued conditional approvals for three new national trust banks. The Office of the Comptroller of the Currency (OCC) on Friday (Sept....