The parent company for crypto exchange Kraken bought the stablecoin payments fintech as it awaits a response to its national trust bank charter application.
The company has built even more safeguards into the model, including a fallback to Opus 4.8 for requests that trigger security controls.
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When a bank thinks of itself as a tech company, a new set of opportunities and challenges becomes clear.
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The fintech said that Senior Vice President of Group Finance Hwa Tsao would become the company's interim chief financial officer effective Sept. 1 following the departure of CFO Ethan Tandowsky at the end of August. Separately, Gayathri Rajan will assume the role of chief product officer, effective immediately.
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As political pushback builds, Visa and Mastercard say they're folding the energy impacts of data centers into existing environmental policy.
Colony Bankcorp has reached a $163 million deal to acquire Florence, South Carolina-based First Reliance Bancshares.
The French bank was one of several international firms caught rigging foreign exchange markets in the late 2000s and early 2010s.
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As stablecoins and other cryptocurrencies enter the mainstream, lawmakers in Illinois have imposed a new transaction tax on digital assets. It will raise costs for everyday consumers and drive away businesses.
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Yes, banks' capital burden will decline, leaving more potential funds available for lending. But the big question is which banks will find a way to deploy those funds to generate meaningful returns.
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As AI agents become more of a presence in retail commerce, payments processors and merchants alike are going to have to adjust to a new world where purchasing decisions are made at machine-speed.
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
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The 33 companies that made it to this year's Best Fintechs to Work For list are actively preserving remote work options and non-salary benefit packages.
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The company says its mission-driven culture, family-supporting benefits and emphasis on flexibility are key factors.
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An analysis of American Banker's 2026 Best Fintechs to Work For finds that workers appreciate flexibility, as well as "meaningful" work.
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Pinnacle Financial Partners' headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more in this week's banking news roundup.
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Whether advisors choose individual stocks or not, the SEC's proposal to allow semiannual reporting rather than quarterly could impact clients' portfolios.
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Many clients avoid consolidating their assets at a single firm because they don't want the hassle. Advisors say it's important when to know not only when they're most likely to want to move assets, but also what to say.
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This data release means another milestone for the use of updated credit score models than the current FICO Classic has been met by Fannie Mae and Freddie Mac.
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The rise in completed modifications occurred as many other loan performance indicators plateaued, and may reflect the temporary impact of recent rule changes.
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The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
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The French bank was one of several international firms caught rigging foreign exchange markets in the late 2000s and early 2010s.
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BNY, Huntington Bank, U.S. Bank, American Express, Visa, Mastercard, Stripe, and Coinbase are just a few of the companies that have signed on to use the dollar-backed stablecoin issued by technology firm Open Standard.
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The bank deepened its relationship with Circle Internet Group, letting institutions store, transfer, mint and burn USDC.
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The Federal Deposit Insurance Corp. says executives "gambled" with depositor funds, while the former parent company argues regulators are using hindsight to second-guess what were reasonable business decisions at the time.
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While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
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Structural change in banking is rarely defined by technology alone. Rather, leaders who know when to invest, where to modernize and which risks are worth taking are driving it.
The 23rd annual ranking of women leaders in the banking industry.

















































































