Vantage Bank, in partnership with Custodia Bank, launched the first ever bank-issued stablecoin to facilitate dollar demand deposits. The two firms facilitated several test transactions, including ...

And now, everyone else in financial services wants one too. Governments are eyeing the industry, banks are testing the tech, and fintechs are preparing to launch their own. With fast, cheap, ...

As banks, fintechs, businesses and consumers adopt the technology, stablecoins are finding use case strongholds in global remittances, online commerce, and more. As innovation abounds, the regulatory ...

Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3.1 billion penalty and a U.S. asset cap.

A recent survey conducted by NVIDIA found that 98% of financial institutions plan to increase their AI spending in the next 12 months. With so much to gain, financial institution leaders are looking ...

Stablecoins are growing by leaps and bounds, but are only now starting to gain traction as a form of payment. Your ...

Financial institutions use AI to detect and prevent billions of dollars of fraud each year in areas including account ...

House Financial Services Committee ranking member Maxine Waters joined fellow Democrats in introducing a bill barring the ...

More than 200 employees are exiting the National Credit Union Administration as the credit union regulator pursues its ...

Andrew Blassie, a former executive at Illinois-based Bank of O'Fallon, pleaded guilty to inflating bank accounts, defrauding ...

The bank's LLM Suite, a portal through which all employees can use popular large language models, is American Banker's Innovation of the Year in the Generative AI category.

Bond yields are shooting up for the second time in as many months. Federal Reserve Gov. Christopher Waller attributes the ...