A US bank has suffered a security breach that has placed tens of thousands of Americans’ data at risk. In a notice of security incident shared with the Office of the California Attorney General, Texas […]
Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may struggle as computing power challenges modern banking and payment security. Retail bitcoin adoption could intensify competition with government-issued currencies. […]
Key Takeaways MUFG, Mizuho, and SMBC signed an MOU on June 10, 2026, to issue a joint yen stablecoin. The banks target live corporate transactions by March 2027, built on a November 2025 FSA pilot. […]
Key Takeaways SBI Shinsei Bank launches a 3-month crypto rewards pilot on June 10, 2026, targeting deposit customers. Depositors earn vouchers worth 20% of interest, redeemable for BTC, ETH, or XRP via SBI VC Trade. […]
A former bank insider is now banned from working in the banking industry after allegedly obtaining hundreds of thousands of dollars in fraudulent government loans. In an Order of Prohibition, the Federal Reserve says Crystal […]
Key Takeaways Senators urged regulators to revisit digital asset capital standards affecting banks. The disputed 1,250% risk weight can require capital equal to exposure. Potential rule changes could reshape institutional participation in bitcoin markets. Senate […]
Unrealized losses on the balance sheets of US banks rose in the first quarter of 2026, marking the first quarter-on-quarter increase since the fourth quarter of 2024. According to the latest report on institutions under […]
A US regulator says a former bank teller stole tens of thousands of dollars from two elderly customers and then tried to blame it on them. The Federal Deposit Insurance Corporation (FDIC) says Hailee T. […]
The brokerage, investing and financial advisory arm of Wells Fargo is highlighting one market sector that could benefit immensely from growing investments in artificial intelligence (AI) and data centers. Wells Fargo Advisors says that the […]
A security breach that compromised the computer system of a Wisconsin-based financial services firm has placed the sensitive data of 27,076 people at risk. In a notice dated May 29th, KerberRose Wealth Management tells potentially […]
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