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Fed’s Barr Warns Bank Deregulation Threatens Financial Stability

Fed’s Barr Warns Bank Deregulation Threatens Financial Stability
Fed’s Barr Warns Bank Deregulation Threatens Financial Stability
June 12, 2026  |  Bank Regulation

Recent moves by the Federal Reserve and other banking regulators to weaken regulation and supervision of banks threaten to undermine the safety and soundness of the...

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Gensler Says Prediction Market Sports Contracts Are Just Bets
Gensler Says Prediction Market Sports Contracts Are Just Bets
June 12, 2026  |  Markets

Gary Gensler, a former chairman of the Commodity Futures Trading Commission (CFTC), disagrees with the current CFTC on the issue of sports betting versus swaps. Get the Full Story...

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Anthropic Vertical Software Rollout Threatens Enterprise AI Builders
Anthropic Vertical Software Rollout Threatens Enterprise AI Builders
June 12, 2026  |  Artificial Intelligence

Anthropic’s introduction of industry-specific artificial intelligence tools threatens the business of companies that use its AI models to build their own tools, The Information reported...

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Meta Reports Outages Across Facebook and Instagram
Meta Reports Outages Across Facebook and Instagram
June 12, 2026  |  Facebook / Meta

Several Meta-owned platforms experienced outages Friday morning (June 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Bank Regulators Probe Industry Use of AI
Bank Regulators Probe Industry Use of AI
June 12, 2026  |  Legal & Regulation

Banking regulators have begun asking banks about their use of artificial intelligence during routine bank examinations, Reuters reported Friday (June 12), citing unnamed sources. Get...

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Square Financial Services Launches High-Yield Savings to Draw Seller Deposits
Square Financial Services Launches High-Yield Savings to Draw Seller Deposits
June 12, 2026  |  Digital Payments

Square Financial Services (SFS), a wholly owned subsidiary of Block, has launched a deposit tier that pays a higher APY to Square sellers who maintain...

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Barclays Acquires GoHenry to Build Lifetime Banking Relationships
Barclays Acquires GoHenry to Build Lifetime Banking Relationships
June 12, 2026  |  Partnerships

Barclays is buying GoHenry, the U.K. money management platform for children ages 6 to 18, in a deal that positions the bank to capture customers...

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Oracle Urges Immediate Software Patches as Hackers Breach PeopleSoft Servers
Oracle Urges Immediate Software Patches as Hackers Breach PeopleSoft Servers
June 11, 2026  |  Cybersecurity

Oracle has discovered a vulnerability in some of its PeopleSoft software that is remotely exploitable without authentication and can result in remote code execution if...

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