Federal Deposit Insurance Corp. Chair Travis Hill. Metropolitan Capital Bank & Trust failed Friday, according to the Federal Deposit Insurance Corp., marking the first bank failure of 2026. Processing ...
The World Bank Group Sanctions System Data Companion, prepared in partnership with the Office of Suspension and Debarment (OSD), presents key data on individuals and entities sanctioned by the World ...
The Senate Banking Committee will hold a meeting Thursday to mark up crypto legislation that further fulfills many of President Donald Trump’s promises to his crypto billionaire friends. In racing 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 ...
Stablecoin issuers and distributors offering customers access to stablecoin yield may essentially be creating their own parallel ecosystem to bank operations, global bank JPMorgan's chief financial ...
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 ...
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 ...
Norway rules that a digital krone is unnecessary for now, highlighting its strong payment rails and the uncertain benefits of both retail and wholesale CBDCs. Norges Bank, the central bank of Norway, ...
A U.S. appeals court has upheld a temporary restraining order that prevents OpenAI and Jony Ive's new hardware venture from using the name "io" for products similar to those planned by AI audio ...
IO-Link uses standard unshielded cables to enable real-time data exchange between sensors, actuators and control systems, replacing simple on/off signals with detailed device performance and ...
AWS-backed platform powering 3M+ monthly video banking calls expands to the U.S., bringing secure, AI-driven digital engagement for banks. Founded in 2017, VideoCX.io has become one of the most ...
Nov 12 (Reuters) - Brazil's central bank is preparing to advance tighter regulation of the financial system to curb a rise in cyberattacks, the bank's supervision director, Ailton Aquino, said on ...
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