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The agreement surpasses Stripe's $1.1 billion deal to buy stablecoin payments platform Bridge in February.
April 8 -
The Federal Reserve Board terminated a 22-year-old cease-and-desist order against a one-time vice president of The Marathon Bank in Winchester, Virginia.
April 8 -
The largest asset manager globally announced Tuesday it will enter a new master custody service agreement with Anchorage Digital, the only U.S. federally chartered digital asset bank.
April 8 -
The Federal Deposit Insurance Corp. aims to ease compliance for large banks, revisit crypto and stablecoin rules, and weigh inflation adjustments to regulatory thresholds.
April 8 -
BlackRock veteran Mark Wiedman is taking the torch as president at PNC. The seeming successor to longtime CEO Bill Demchak will be tasked with helping the bank evolve.
April 8 -
Bill Pulte, making the announcement as chairman of Fannie Mae, did not provide additional details following earlier rumors of larger layoffs.
April 8 -
The second-largest U.S. bank is pushing generative artificial intelligence out to most employees while continuing to offer its more traditional AI-based Erica virtual assistant to customers, says tech executive Hari Gopalkrishnan.
April 8 -
As more states adopt digital identity, there is an opportunity for banks to improve authentication.
April 8 -
As President Donald Trump's tariffs whipsaw bank shares and threaten recession, the House Financial Services Committee chairman told a large room of bankers that efforts like repealing the small business data collection rule and passing legislation to Congressionally appropriate the Consumer Financial Protection Bureau are among his priorities.
April 8 -
The rebate, which would be geared toward boosting U.S. manufacturers, would be issued at the end of the year to offset the effects of retaliatory tariffs.
April 8