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Following similar glitches at Lloyds and the London Metal Exchange, a tech outage at UBS has renewed scrutiny on modern banking platforms.
7m ago -
Jurors determined that Aaron Luneke, the former chief financial officer of Bank of the Valley in Nebraska, obtained millions of dollars in loans — including from his own bank — by inflating contractor bills for a new car wash business.
25m ago -
Agentic AI commerce is under development at Visa, Mastercard, PayPal and other large payment organizations, and many of these will hit banks' servers. Are banks ready for the onslaught?
45m ago -
President Trump's executive order on mortgage credit calls on federal agencies to ease the path for eNotes, digital mortgages and remote notary, something lenders have been wrestling with for years.
52m ago -
Senate Banking Committee Chair Tim Scott, R-S.C., said Tuesday that he expects the committee to work out a compromise between banks and crypto firms on yield-like rewards — a major sticking point in a market structure bill — by Friday.
4h ago -
Federal Deposit Insurance Corp. Chair Travis Hill said in remarks Wednesday that privacy and know-your-customer gaps remain for banks that work with public, permissionless blockchains, and that the agency may need to clarify how banks can interact with them.
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