SWIFT to help banks stay atop of the lengthening lists of prohibited financial dealings—today’s No. 1 regulatory challenge?

The average 30-year fixed-rate conforming mortgage increased to 6.38% this week as applications for loans fell just under 4% even after the Federal Reserve cut interest rates the week before.

If approved, PayPal Bank would offer business loans and savings accounts PayPal has applied to US regulators to establish an industrial bank in Utah as part of a move to more efficiently provide ...

Artificial Intelligence (AI) is redefining competitive advantage in the banking industry. While frontrunners are already seeing measurable gains from AI, many institutions remain stuck in pilots. What ...

In a move that could reshape the future of digital finance, the US Federal Deposit Insurance Corporation (FDIC) is evaluating new guidance for banks on tokenized deposit insurance. This initiative, as ...

The European Banking Authority (EBA) has finalized a stringent set of rules requiring banks across the European Union to hold substantially higher capital reserves against unbacked cryptocurrencies ...

With the number and severity of financial fraud incidents and scams rising in recent years, 21% of adults have fallen victim to money-related fraud in the past year. The Fed’s Economic Well-being of ...

Despite a rise in AI patent filings across banking, activity remains highly concentrated, with only three US banks responsible for 75% of all AI patents filed globally by the sector. Evident’s Banking ...

The market ended this week with Treasury yields rising as Wall Street considers the implications of the Federal Reserve’s rate cuts earlier this week. The 10-year treasury yield rose to 4.168% and the ...

Citi and U.S. Bank Mastercard cardholders will be the first to trial Agent Pay, a new service that allows AI agents to initiate and complete transactions on behalf of users. Mastercard unveiled the ...

Societe Generale has made its US debut in blockchain-based finance with the issuance of its first digital bond in the world’s largest economy in a move that could reshape how American capital markets ...