Beyond Models and Compute: Big Tech’s AI Moves
Models, compute and infrastructure dominate AI headlines, but the deeper transformation is unfolding quietly behind them. This week’s…
Crypto Crime Wave Fuels Demand for Security Devices
A record number of cryptocurrency hacks has reportedly spiked demand for security devices. The CEO of Ledger, which…
Banks Warn Digital Euro Could Impede Private-Sector Payments
The European Central Bank’s digital euro effort is reportedly facing pushback from banks and lawmakers. The central bank…
Agentic Commerce More Likely for Smaller Purchases
Worldpay has found that agentic commerce is likely to gain its foothold in smaller, everyday purchases. In a…
EU Regulators Look to Widen Crypto Supervision Umbrella
European regulators are reportedly planning to expand central supervision of stock exchanges and cryptocurrency exchanges. This effort is…
European Central Bank Looks to Test Digital Euro in 2027
That’s assuming national governments and the European Parliament agree on a legal framework next year, with potential issuance…
FinTechs In Limbo as Court Sides With Fed on Master Account
Access to the Federal Reserve’s payment rails has long been coveted by FinTechs and non-traditional financial institutions seeking…
Tether Releases Attestation Report Showing Excess Reserves
Stablecoin issuer Tether released an attestation report Friday (Oct. 31) saying that as of Sept. 30, its reserves…
FinTechs In Limbo as Court Sides With Fed on Master Account
Access to the Federal Reserve’s payment rails has long been coveted by FinTechs and non-traditional financial institutions seeking…
Federal Reserve to Cut Staff at Supervision Division
The Federal Reserve is reportedly set to reduce the staff of its supervision and regulation division by 30%,…
Santander’s Digital Banking Business Helps Drive Record Quarter
Santander says sustained customer growth and ongoing digital transformation helped drive a record quarter. Management said in releasing…
Goldman and DBS Complete OTC Interbank Crypto Options Trade
DBS and Goldman Sachs have conducted the first-ever over-the-counter cryptocurrency options trade between two banks. “The involvement of…