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Trading halts caused by an error affected 40 stocks Monday morning, including BMO Bank and Banco Santander-Chile.

A bill to draw crypto's jurisdictional lines between the Securities and Exchange Commission and the Commodity Futures Trading Commission is pitting increasingly crypto-friendly Democrats against consumer protection hawks in the Senate.

In this month's roundup of top tech news: A firsthand look at the impact of Zelle fraud, the Supreme Court upholds the Consumer Financial Protection Bureau's funding, Walmart's split from Capital One and more.

The technology is adept at working with partial account numbers and other shreds of data to alert banks of ongoing and potential crime, the network contends.

Traditional financial institutions have much to gain from collaboration with digital asset natives — and vice versa. It's time to realize that potential.

In this month's roundup of top banking news: a Supreme Court ruling on CFPB funding, TD Bank's money laundering woes, an FDIC workplace probe reveals a culture of misconduct and more.

In this edition of the American Banker news quiz, test yourself on topics such as Visa and Mastercard's shift away from relying on interchange, the Federal Reserve's efforts for balance sheet reduction, which financial services sector consumers trust the most and more.

Numisma, a Connecticut-chartered uninsured bank, was granted a Federal Reserve master account last week — the first bank with a novel charter to do so since the Fed issued its master account guidelines in 2022. Whether others can do the same is an open question.

In this week's banking news roundup: NCUA grants Tribe Federal Credit Union a provisional charter; ICBA Payments names Jacob Eisen its new president and CEO; Mission Fed Credit Union announces new role for longtime leader Steve Hasbrooke; and more.

The rise of ecommerce and vertical software-as-a-service platforms are prime opportunities for large banks to sell payment processing, card issuance and other banking capabilities.