Cryptocurrency ATM scams are rapidly escalating, with the FTC reporting a 1,000% increase in losses between 2020 and 2023, and $388 million lost in 2025 alone. Scammers exploit these ATMs for their ...

Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.

Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters. By Stacy Cowley Crypto companies and ...

If you’re a current or former Bank of America customer, you may be eligible for part of a $2.25 million settlement that resolves allegations the bank overcharged members for out-of-network ATM fees. A ...

Corrections and clarifications: This story has been updated to reflect the correct date for past Bank of America account holders to file a claim via the settlement website: June 29, 2026. Bank of ...

For decades, the financial industry has operated under the assumption that the core banking system is the sun around which all other technologies must orbit. This core-centric model was functional in ...

(WRGB) — If you’re a customer at NBT Bank, you may have been experiencing issues with your account, the bank now says it has “resolved the underlying processing issue that caused duplicate ...

The present banking system is very fragile in some sense, and it is something to be concerned about, according to the legendary investor Warren Buffett. When asked during an interview with CNBC News ...

Key insights: Fifty years of sanctions has forced Iran to develop its own isolated financial system. But money has still found a way to move in and out of the country. What's at stake: The most recent ...

Kraken was granted a master account Wednesday by the Federal Reserve Bank of Kansas City, marking the first time a cryptocurrency firm has gained access to the central bank’s payment system. Payward ...

The Bank of Japan is testing blockchain technology for settlements that use tokenized central bank reserves. The Bank of Japan is moving to place central bank reserve money onto blockchain ...