Stablecoins are having a moment. The asset-backed tokens boast a market capitalization of over $230 billion, and while much of the conversation has revolved around...
The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Speaking...
Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers...
Corporate delinquencies are reportedly at the highest rate they’ve reached in eight years. The delinquency rate for loans from U.S. banks to both U.S. and foreign companies...
Top banking executives have reportedly met with Republican senators over the issue of “debanking.” That’s a term, growing increasingly popular in conservative circles of late,...
United Kingdom-based OneID raised over 16 million pounds (about $20 million) to grow its bank-verified digital identity service. The company will use its latest funding...
Account takeovers are among the most insidious threats to banks and consumers. Fraudsters use all manner of schemes to prey upon vulnerabilities and weak links...
Credit unions have long jockeyed to gain consumer loyalty and top-of-mind status against mega-banks, and more recently, digital-only banks. The competition may seem a bit...
JPMorgan Chase reportedly began a round of layoffs that is expected to affect fewer than 1,000 employees. The bank began notifying the affected employees last...