The crypto company's x402 Foundation will standardize transactions, making the company one of many technology firms working on standards for AI-powered commerce.
As banks invest in newer digital channels, they need to focus on customer profitability.
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Stax Payments appointed British financial executive Paulette Rowe as its new chief executive officer, making her one of the few Black women to lead a finance company.
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The fintech is expanding a service that calculates sales taxes worldwide as more small businesses go international to seek new customers.
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British banking app Revolut Ltd. will stop offering crypto trading services to US-based customers from September, citing market uncertainty and changes to the local regulatory landscape.
A near-collapse of the global software vulnerability database exposed critical weaknesses that could leave banks unable to track cyber threats.
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A London-based pioneer in commodity exchange-traded funds has quickly made a splash in the United States and says he plans to become a force here.
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When clients confide about a newly diagnosed condition, plans must be adjusted not just financially, but to also ensure that the client's wishes and dignity are protected — while they are still able to voice them.
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State Street Corp., the third-largest custody bank, said it will cut 1,400 jobs beginning this week and trim real estate costs as interest rates near zero erode profit.
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A more conservative court will be likelier to rule favorably on issues ranging from the deference for regulatory agencies to what constitutes a fair-lending violation.
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A more conservative court will be likelier to rule favorably on issues ranging from the CFPB's leadership structure to what constitutes a fair-lending violation and more.
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Once again, congressional inaction on reauthorizing the National Flood Insurance Program is prompting concerns about what a lapse in coverage could mean for loan closings.
Centra Credit Union in Columbus, Indiana — which completed a merger with NorthPark Community Credit Union this month — has agreed to absorb Hoosier Hills Credit Union. The latest deal would create a $3 billion-asset institution.
Federal Reserve Gov. Adriana Kugler credited immigration and rising productivity for the U.S. economy's resilience while emphasizing vigilance against risks to inflation and employment stability.
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Properly implemented, RPA is capable of improving productivity and reducing costs, but institutions must have a clear understanding about what it takes to improve their odds of success.
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The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.
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It's not just new transaction rails, but the speed of innovation has increased, says Hangar 75's Ian Wilding.
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Triumph Financial took steps to guard and move scores of cars backing its $23 million loan to Tricolor Holdings after the subprime auto lender filed for bankruptcy last week.
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Comerica announced the promotion of Kristina Janssens to be its next chief risk office; Washington Trust hired James "Jim" Brown, an executive from Berkshire Bank, as its chief commercial banking officer; Citizens Financial pledged $20 million to support workforce development programs; and more in this week's banking news roundup.
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Federal Reserve Governor Stephen Miran said he hasn't spoken to President Donald Trump since the central bank's policy meeting this week, and didn't promise the president he would vote a particular way on interest rates.
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Between 2021 and 2025, the Japanese bank SMBC has raised its stake in the U.S. investment firm from 4.5% to 20%.
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The U.S. Department of Justice declined prosecution after BofA Securities self-reported the violations and fixed major compliance gaps.
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PayPal, Google and Mastercard in recent days expanded support for agentic AI commerce. Card issuers will need to respond quickly to compete, payment experts say.
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From FedNow to Venmo, banks are tapping QR codes for speed and security. Scammers are also exploiting the blind trust they elicit.
The Senate Banking Committee voted 13-11 to favorably recommend Stephen Miran's nomination for the Federal Reserve Board to the full Senate.
The 23rd annual ranking of women leaders in the banking industry.
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