Flatirons Bank in Boulder, Colorado, has filed suit against a Virginia-based trust company for allegedly attempting to block its entry into the multibillion-dollar qualified settlement fund business.

The digital asset tech provider, which recently raised $140 million, will power Morgan Stanley's E*Trade crypto offerings early next year.

A new industry standard from the Cloud Security Alliance aims to solve major security challenges for companies that rely heavily on cloud-based operations.

PayPal agrees to a $7 billion BNPL loan purchase agreement with Blue Owl Capital, while Revolut, which is building a financial superapp, is looking for permission to offer more banking products. That and more in the American Banker global payments and fintech roundup.

The American Bankers Association's Economic Advisory Committee expects the economy to grow, albeit at a slower pace than it previously anticipated. The group pointed to stubbornly high inflation and a weakening job market.

The president is charging $100,000 for H-1B visa petitions that allow skilled workers to migrate to the U.S. Here's a look at the impact on banks and payment firms.