Technology

Now that the code underlying payment systems can be rewritten faster than its reliability can be checked, banks and payments processors need to adopt new methods of verifying that changes are safe and stable.

Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.

The fintech sponsor bank plans to offer digital asset services.

The Museum of American Finance opened a free, Smithsonian-affiliated home in Boston's Seaport on Friday, betting it can make money history stick.

National banks are committing billions of dollars to fund the construction. But there's room for smaller institutions and credit unions.

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.

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 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.

The company has built even more safeguards into the model, including a fallback to Opus 4.8 for requests that trigger security controls.