Visa has taken several recent steps to expand its digital payment capabilities, adding
It's now reportedly taking a much more direct route by incenting restaurants to use digital payments exclusively. The
But in return, the businesses, which the newspaper reports will be smaller merchants, must stop taking cash.
It's a dramatic step, but a carrot and stick approach to ditching paper money is gaining steam.
Several cities in
The bipartisan housing package, dismissed by President Trump as a "yawn," takes effect automatically after he declined to sign it in protest over stalled voter ID legislation.
The failure of Kentland Federal Savings and Loan, the nation's smallest standalone bank at $3.7 million of assets, will cause an estimated $1.2 million hit to the deposit insurance fund, according to the Federal Deposit Insurance Corp. Kentland's failure is the third bank failure in 2026.
The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.
The Denver-based bank reported that two loans soured, one due to fraud. A number of other lenders reported sizable fraud-related losses last fall.
The Wyoming digital asset bank is requesting that the high court review previous decisions granting the central bank 'unbounded, unreviewable discretion' in light of its recent Cook and Slaughter rulings. A decision could impact how cryptocurrency intersects with the standard banking system.
U.S. Bank, Arvest, Old National, BMO and WaFd took the losses in a decade-long scheme the DOJ announced.
