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Interest Rate Cut Signals Tough Job Market

Interest Rate Cut Signals Tough Job Market

Job market is slowing as businesses added only 22,000 jobs last month
World Property Ventures to Launch Digital Real Estate Bank

World Property Ventures to Launch Digital Real Estate Bank

The bank seeks to add standards and liquidity to tokenized real estate
Swiss Banks Complete First Blockchain Payment

Swiss Banks Complete First Blockchain Payment

A joint trial shows blockchain-based payments can work across banks and within Swiss law
Citi & U.S. Bank to Pilot Mastercard’s AI Payments Service

Citi & U.S. Bank to Pilot Mastercard’s AI Payments Service

The two banks will integrate the AI service ahead of a global rollout
Tether to Launch US-Based Stablecoin

Tether to Launch US-Based Stablecoin

The move, and appointment of a CEO, strengthens Tether’s US presence
Oracle Surprises, Markets Rally but Holiday Season Coming

Oracle Surprises, Markets Rally but Holiday Season Coming

The United States’ consumers are also the regional banks’ customers
BNP Paribas and HSBC Join Network to Advance Tokenized Assets

BNP Paribas and HSBC Join Network to Advance Tokenized Assets

The Canton Network aims to encourage blockchain-based financial use cases
PNC Set to Acquire FirstBank

PNC Set to Acquire FirstBank

The acquisition strengthens PNC’s strategy to grow its presence nationally
U.S. Bank Launches Payments and Crypto Services

U.S. Bank Launches Payments and Crypto Services

The bank has introduced a platform for small businesses and resumed crypto custody services
Global Banks Hit with $8.3m in CTFC Compliance Penalties

Global Banks Hit with $8.3m in CTFC Compliance Penalties

Citi, BNY Mellon, U.S. Bank, UBS, Santander, and SMBC were sanctioned
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