The Massachusetts Community and Banking Council a public-private partnership that announced a five-year, $400-million commitment to community development in 1990, reported that it had exceeded its goal. Some $514 million was generated, mostly in mortgages for low- and moderate-income residents; other money helped create housing, loans to minority enterprises, ATMs and even bank branches.
After French authorities stopped a bomb plot against a Bank of America office in Paris, security experts warned banks to step up their preparations for terror attacks.
The largest crypto theft of 2026 hit Drift Protocol after attackers exploited a small security council, putting a spotlight on DeFi vulnerabilities.
The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.
Visa has deployed advanced artificial intelligence to help solve payment disputes and expedite corporate bill pay; while Mastercard adds Hong Kong to its global agentic commerce network.
Which parties are responsible for the surge persisted as a source of debate as community lenders released updated survey data reflecting their average expense.
The 30-year fixed rate climbed to 6.46% this week, its highest mark since September, as mortgage applications fell 10.4% and sellers outnumber buyers by a record 46%.
