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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
Senate Still Wrestling With Crypto and Digital Asset Policy

Senate Still Wrestling With Crypto and Digital Asset Policy

The Senate drafted a crypto bill on Friday that would prevent stocks from being treated as commodities
Bank-Issued Stablecoins Tipped as Key Enabler of Tokenization

Bank-Issued Stablecoins Tipped as Key Enabler of Tokenization

Citi reports bank-issued stablecoins to be the fastest-growing for securities payments by 2030
Zopa Enhances Payments Capabilities with Acquisition

Zopa Enhances Payments Capabilities with Acquisition

The acquisition is set to triple Zopa’s embedded finance business
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