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CEO of Morgan Stanley Ted Pick boasted, “Six sequential quarters of consistent earnings... reflect higher levels of performance in different market environments.” The bank joined its peers this week ...
Lloyds Banking Group is reportedly in talks to acquire digital wallet provider Curve in a $162 million deal, aiming to strengthen its digital payments capabilities. The bank has identified Curve for a ...
Robinhood’s tokenization of OpenAI shares has sparked controversy and renewed calls for clearer regulation of tokenized equities. Though they were once seen as a breakthrough for democratizing access ...
The European Payments Initiative received key support this week by adding five Belgian Banks to its list. The EPI is a bank initiative to compete with credit card companies such as Capital One, Visa, ...
The Office of the Comptroller of the Currency, Federal Reserve and Federal Deposit Insurance Corporation have confirmed that banks are permitted to custody crypto assets on behalf of clients. In a ...
New York financial regulators are in talks with buy now, pay later (BNPL) providers and other stakeholders to develop new industry rules, after facing backlash over a recently introduced regulation.
Financial institutions using the Federal Reserve’s Fedwire Funds Service for payments have transitioned to a new international messaging standard. The Fed has officially adopted ISO 20022, which is a ...
Mission for Circle is to bring stablecoins into the established financial markets Circle Internet Group, the issuer of the USDC stablecoin, turned in its bank charter application to the Office of the ...
The wallet is designed for all regulated sectors, but will initially launch in the property market The UK has introduced its first compliance wallet, designed to reduce the average number of property ...
The Senate voted to remove a provision blocking states from enforcing their own AI laws The US Senate has voted nearly unanimously to scrap a 10-year ban that stopped states from enforcing their own ...
More than $90 billion in energy and AI investments have been pledged in Pennsylvania by US President Donald Trump and executives from some of the nation's largest companies.
More than 150,000 customers will gain access to over 200 US stocks and ETFs Robinhood has launched tokens that will enable its customers in the European Union to trade more than 200 US stocks and ETFs ...
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