With an application for a U.S. bank charter, the global super app provider aims to expand its offerings and compete with established domestic challengers.

Banks like Grasshopper are already starting to use AI agents where in the past they would have bought software as a service.

The fresh scrutiny comes as financial firms like Goldman Sachs and Robinhood dabble with various prediction market options.

U.S. banks are bracing for retaliatory cyberattacks following military strikes in Iran that killed Ayatollah Ali Khamenei.