For European challenger banks with international ambitions, the United States has long represented the ultimate prize. Its 330 million potential customers, many of them frustrated by the experience ...

The International Monetary Fund (IMF) has raised concerns that tokenization could relocate risk from regulated banks to blockchain-based code and smart contracts that are not directly governed by ...

The Bank of England (BoE) has warned that increasingly capable artificial intelligence (AI) agents could require changes to financial regulation as the technology becomes more embedded in areas such ...

Colony Bankcorp has agreed to acquire First Reliance Bancshares in a $163 million stock-and-cash transaction, creating a significant regional community banking group focused on expanding across the ...

UBS is launching a broader range of banking services for affluent US clients as it moves to strengthen its American wealth management business. The Swiss bank plans to begin testing checking accounts, ...

Securitize, the tokenization platform and transfer agent for BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), is set to begin trading on the New York Stock Exchange from Thursday, July 2.

Several of the largest US banks have announced higher dividends and fresh share buyback plans after the Federal Reserve (Fed) concluded they were well placed to withstand a severe economic downturn.

Deutsche Bank has added its backing to a new climate-focused private equity fund aimed at accelerating investment in sustainable agriculture across Southeast Asia via a $50 million commitment from the ...

On Tuesday, June 30, Cross River and Fireblocks will explore how leading organizations are bringing digital asset products to market, the infrastructure decisions that shape growth and speed-to-market ...

Recent events in the corporate card space have driven many banks to a fork in the road. In describing how the industry got here, it may be apt to borrow a familiar phrase from Hemingway: “It happened ...

Just when many financial institutions are getting comfortable with instant payments, a new question is emerging: What happens when money itself becomes programmable? For financial institutions, the ...