The average 30-year fixed-rate conforming mortgage increased to 6.38% this week as applications for loans fell just under 4% ...
If approved, PayPal Bank would offer business loans and savings accounts PayPal has applied to US regulators to establish an ...
Where AI Projects in Banking Go Wrong and the Struggle for ROI Q1. When we first sat down almost two years ago, AI was just ...
SWIFT to help banks stay atop of the lengthening lists of prohibited financial dealings—today’s No. 1 regulatory challenge?
Majority of the $2 billion-plus in losses are from U.S. citizens over the age of 60 A report published this week by the FTC (Federal Trade Commission) showed that seniors are taking a disproportionate ...
Qivalis plans to launch a MiCAR-compliant euro stablecoin in the second half of 2026 Ten major European banks have established a new company, Qivalis, to develop a shared, regulated euro stablecoin ...
Artificial Intelligence (AI) is redefining competitive advantage in the banking industry. While frontrunners are already seeing measurable gains from AI, many institutions remain stuck in pilots. What ...
The market ended this week with Treasury yields rising as Wall Street considers the implications of the Federal Reserve’s rate cuts earlier this week. The 10-year treasury yield rose to 4.168% and the ...
The governments of the UK and US have agreed to establish a joint taskforce aimed at reducing barriers for banks and corporates raising capital and strengthening cooperation on cryptocurrency ...
Two regulators have withdrawn rules following criticism and in response to a directive from President Trump to cut back on regulation. The Office of the Comptroller of the Currency (OCC) issued an ...
Physical bank branches could be extinct in the US by 2041, according to a new report by Self Financial. Since 2018, there has been an average of 1,646 branches closing each year in the US. California ...
In a move that could reshape the future of digital finance, the US Federal Deposit Insurance Corporation (FDIC) is evaluating new guidance for banks on tokenized deposit insurance. This initiative, as ...