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The bank has added Affirm as an option, after adding the fintech's rival Klarna to its merchant network in February.
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The two financial institutions issued Avit tokens on the Ethereum mainnet, marking a first in the U.S.
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The Mississippi lender said regulators have signed off sooner than expected on its $103.6 million acquisition of First Chatham Bank. The bank's CEO and deal advisers said the speedy approval bodes well for future M&A.
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The newness and potential risks of the technology are factors, but there are also fixable mistakes companies make that prevent payoff.
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Acting Federal Deposit Insurance Corp. Chair Travis Hill said the agency would eliminate reputational risk from all supervision, release more guidance on cryptocurrencies and refocus bank supervision.
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The banking industry groups suing the Federal Reserve over its stress testing practices filed a motion for a summary judgment in the case, arguing that a quick resolution could ensure changes are made prior to the 2026 stress testing cycle.
