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Regulatory clarity is the most important element for the digital future, according to Coinbase's Brett Tejpaul.

By establishing direct connections to clearing networks such as Japan's central bank, the cross-border payment firm avoids intermediaries, feeding its strategy to undercut traditional financial institutions.

The adoption of blockchain technology will come in waves, BBVA's Andrés Fondevila Maron says.

Banks are posting record profits, benefiting from being in the middle of a hot credit cycle. Everything is going their way. The only question is, how long can it last?

FINRA's annual snapshot shows how the wealth industry is changing, from key business metrics and marketing trends to shifts in registration and a shrinking branch footprint.

The bank regulators say they will limit the sending and storage of highly sensitive supervisory information, including by using alternatives such as on-site reviews and requiring notifying banks of data compromises within 72 hours.

The U.K.-based bank renewed its longest tenured co-brand program, which has been running for more than 20 years, for another decade. The renewal will help the bank expand its consumer banking portfolio.

The central bank failed to prevent critical economic information from falling into the hands of "foreign adversaries," according to a report from its inspector general.

The Treasury's leader said the administration is not letting up on its efforts against alleged political violence, a campaign likely to raise the stakes of banks' relationships with politically sensitive nonprofits.

The payment company's Cash App Borrow has expanded lending volume by about 300% in about a year following its FDIC approval to expand lending. The company analyzes payment activity to vet loans in an effort to beat banks to consumers.

One of Sweden's biggest banks agreed to the penalty to resolve a multiyear investigation into its compliance failures. The New York State Department of Financial Services said Swedbank intentionally withheld information it was required to turn over.

A breakout month by the company's newly acquired investment banking subsidiary, BTIG, added nearly $100 million of revenue during the second quarter.

An albeit smaller sample of financial advisors participating in FP's Compensation Survey nevertheless reflected the industry-wide trend around gender pay gaps.

Russell Vought, the acting director of the Consumer Financial Protection Bureau, will testify Wednesday before the Housing Financial Services Committee, three weeks before his tenure as acting director ends.

Industry economists and analysts were predicting single digit quarter-to-quarter gains, but a trio of large banks had an over 30% rise in mortgage volume.

Financial Planning's Compensation Survey measured the total pay of hundreds of financial advisors and, perhaps more importantly, the lessons they would share to aspiring planners about forging a successful career.

For the banks involved in the record-shattering IPO, this year's second quarter was marked by a spike in investment banking income.