Peter Neville, founder of Guernsey Community Savings, has retired after establishing the charity to support the financially excluded. Former banker James Ellis...
The FDIC's proposed GENIUS Act framework for stablecoins closed its comment period, revealing a fierce battle over who controls the economics of...
Fifth Third Bancorp has been recruited by Anthropic for its Project Glasswing AI cybersecurity initiative, aimed at strengthening critical systems.
Wells Fargo CFO Mike Santomassimo forecasts a Q2 net interest income increase and reaffirms the bank's full-year NII target of $50 billion,...
Bank workers, including those in higher-level roles, feel increasingly "unmoored" by CEO discussions of AI-related job cuts, according to a recent Bloomberg...
Major U.S. banks, including JPMorgan and Citi, are launching a tokenized deposit network by 2027. This blockchain-based system aims to counter stablecoin...
Traditional banks, led by JPMorgan Chase, are pushing back against stablecoin issuers, viewing them as direct competitors for core banking functions and...
OpenAI has provided nine major UK banks access to its cybersecurity AI tool, GPT-5.5 Cyber, following rival Anthropic's decision to restrict previews...
A Bank of England economist predicts tokenized deposits will supplant stablecoins within five years, driven by commercial banks' strategic pivot. She highlights...