US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.” In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “for the market to function completely,” Congress
Chairman of the US Federal Reserve Jerome Powell speaks with Fed vice chair for supervision Michelle Bowman (L), as he chairs a Federal Reserve Board open meeting. Photo: SAUL LOEB / AFPSource: AFP The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help
Deep Varma is the chief technology officer at Alkami. getty How Americans conduct their banking has drastically changed with the advent of digital banking technologies. One significant shift, for instance, has been banks and credit unions rethinking the role of physical branches as more and more account holders make deposits, monitor spending and manage accounts
Key Takeaways Barclays has prohibited customers from using their cards for any crypto transactions. The move is a risk mitigation strategy and reflects Barclays’ cautious stance toward crypto-related activities. Share this article British banking giant Barclays will stop processing crypto transactions on its credit cards starting Friday, June 27, according to a notice published on
ISLAMABAD: The Pakistan Banks Association (PBA) has expressed full support for the federal budget 2025–26, describing it as a significant step towards inclusive growth and economic stability. In a press release issued on Wednesday, the PBA emphasised that the banking sector, as a key partner in Pakistan’s economic development, continues to play a vital role
New Customer Win Brings Cutting-edge Support to Kachinga’s Offerings and Accelerates Sensedia’s Market Expansion MIAMI, June 25, 2025–(BUSINESS WIRE)–Sensedia, a leading API management and integration firm, today welcomed new customer Kachinga, a leading innovator in financial literacy for kids and teens, to enhance youth banking. High Yield Savings Offers Powered by Money.com – Yahoo may
In brief Senate Republicans on the Banking Committee have outlined principles for market structure legislation. The principles emphasise clarity around regulation, promoting innovation and consumer protection. It comes as Democrats attempt to prevent the Trump family’s extensive crypto investments. The Senate Banking Committee on Tuesday released a new set of principles aimed at guiding the
Losing bank cards, frequent PIN resets and reporting fraud could be early signs of cognitive decline, a groundbreaking new study has demonstrated. It is the first evidence that routine banking data could provide clues that someone is experiencing cognitive decline – up to 10 years before formal intervention. The team behind the findings say that
More than 120,000 veterans and their family members still collect paper checks from the Department of Veterans Affairs by mail for disability, survivor support and other compensation. The VA is pushing veterans to receive the money directly deposited to a bank account. (Stars and Stripes) WASHINGTON — The Department of Veterans Affairs is making a
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: The Fintech Open Source Foundation, called FINOS, launched a coordinated effort to unite the banking industry and technology providers around vendor-neutral AI adoption standards for financial services companies, according to a Tuesday announcement. Several global