The core use case of this Proof of Concept (PoC) revolves around a banking personal assistant designed to revolutionize the way users interact with their bank account information, transaction history, ...
The Senate’s CLARITY Act would explicitly classify XRP as a non-security, removing years of legal uncertainty that kept institutional investors on the sidelines. The CLARITY Act stalled on January 15 ...
SYRACUSE, N.Y.--(BUSINESS WIRE)--Community Financial System, Inc. (NYSE: CBU) (“CFSI”) announced today that its wholly-owned banking subsidiary, Community Bank, N.A., has entered into an agreement to ...
Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation. Stablecoins emerged as a topic during ...
Access to capital remains a top challenge for entrepreneurs, but it’s an obstacle that might improve this year with changes in bank liquidity requirements. U.S. bank regulatory agencies are reducing ...
Bank of America Chairman and CEO Brian Moynihan said last week that, as President Trump searches for a new chair of the Federal Reserve, maintaining the banking system's independence is paramount. The ...
Investors and economists are warning about a piece of the financial system that could pose a risk that is potentially similar in ways to the housing crash that preceded the financial crisis in 2008.
The Federal Reserve actually injected banks with more than $50 billion in repo agreements on Oct. 31, 2025, which social media users correctly identified as an anomaly compared with the last five ...
Treasury Secretary Scott Bessent and Sen. Bill Hagerty (R., Tenn.) write that raising the Federal Deposit Insurance Corp. limit to $10 million would put regional and community banks on an even playing ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The systems lets customers make direct, secure bank-to-bank ...