A group of U.S. senators are urging the Consumer Financial Protection Bureau (CFPB) to take action to protect consumers from scams and fraud caused by artificial intelligence (AI) and machine learning...
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HSBC Bank, based in London, has joined BT and Toshiba’s quantum-secured metro network to prepare its global operations against future cyber threats. HSBC is the first bank to join this network, w...
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A new study has found that the value of payment transactions powered by stablecoins will exceed $187 billion globally by 2028. That would be a significant increase from the $53 billion in transacti...
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National Credit Union Administration (NCUA) officials are espousing the benefits of minority depository institution (MDI) credit unions, maintaining they represent an essential credit union system com...
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A coalition of financial services associations weighed in this week on the Consumer Financial Protection Bureau’s (CFPB) recent policy statement on governing abusive acts or practices. In a comme...
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The Commodity Futures Trading Commission (CFTC) has outlined a federal consent order regarding an alleged precious metals misappropriation and fraud scheme. According to the CFTC, U.S. District Cou...
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The U.S. Department of the Treasury’s Office of Economic Policy has released findings from an analysis examining the construction manufacturing spending uptick in the wake of the Invest in America A...
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U.S. Rep. Dan Newhouse (R-WA) is among of group of Congress members that introduced legislation recently that seeks to reform the H-2A agricultural guestworker program. The bill, the Farm Workforce...
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Two Maryland cannabis product providers are celebrating the start of legal, adult use sales in the state, expressing gratitude for the opportunity to serve consumers. International provider of cons...
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The Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI) maintains the May median payment applied for by home purchase applicants rose to $2,165 from $2,112 in April. “...
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The National Association of Federally-Insured Credit Unions (NAFCU) commented last week on a report released by the National Credit Union Administration (NCUA) on cybersecurity. The NCUA’s report...
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The Independent Community Bankers of America (ICBA) showcased a variety of fintech innovations developed for community banks at the fifth annual ICBA ThinkTECH Accelerator Demo Day last week. The t...
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SAP SE and Visa are collaborating on an initiative to streamline business-to-business (B2B) payments for businesses of all sizes in the Asia-Pacific Market. The collaboration will embed payments in...
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