While the cryptocurrency market continues to oscillate between hype and real-world potential, many of the world’s biggest banks have for years been quietly cutting their...
The House Financial Services Committee has chosen leadership with an eye toward digital asset regulation. Rep. French Hill (R-Ark.) announced the new appointments Thursday (Jan. 9), promising to “right-size the...
The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how...
UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. The bank is set to pay hundreds of millions...
The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use...
Small and mid-sized businesses (SMBs) are considering a switch from national banks to local financial institutions (FIs) like community banks and credit unions (CUs). While...
A Bank for International Settlements (BIS) committee has announced the next steps it will take to promote the adoption of its harmonized ISO 20022 data requirements...
J.P. Morgan Chase reportedly became the sixth bank to quit the climate-focused Net-Zero Banking Alliance (NZBA) since the beginning of December. The banking giant followed...