Anthropic, Google on maximizing mortgage AI
AI’s rapid growth also means that even the best crafted plans might need to be adjusted in a few years if not months, Anthropic and Google leaders said at ICE Experience 2026.
Semiannual reporting? Hey, how about daily?
The SEC appears to be serious about moving from quarterly reporting to semiannual, but what if technology could provide a path in the other direction?
Stablecoin use can help in the fight against illicit finance
Two reports out earlier this month come to very different conclusions as to the feasibility of public blockchains for finance; the differences matter for global stablecoin adoption.
Will fewer earnings reports boost banks’ long-term thinking?
The SEC is reportedly preparing a proposal that would give banks and other companies the option to report their earnings every six months, adding urgency to a long-running debate over how firms communicate with investors.
FHFA loosens insurance rules targeting condos, rural loans
Fannie Mae and Freddie Mac’s single-family updates include some roof coverage options somewhat similar to what’s used in one of their other divisions.
Sen. Lummis tempers bank expectations on yield compromise
Sen. Cynthia Lummis, R-Wyo., one of the most pro-crypto lawmakers in Washington, said any compromise on stablecoin yield would have to be limited to prohibiting rewards for stablecoin holdings rather than a broader ban.
Fed Chair Powell to stay on until DOJ concludes probe
Federal Reserve Chair Jerome Powell, in a post-FOMC meeting Wednesday, said he intends to stay at his post until a successor has been confirmed, adding that he will remain on the Fed board until a Justice Department investigation into him is concluded.
Banks, OCC battle Illinois swipe fee law on taxes, tips
The Office of the Comptroller of the Currency and 10 former officials filed amicus briefs that provide legal heft to banks battling the state of Illinois over a law that removes sales taxes and tips from interchange fees.
Community bank CFO convicted of trying to defraud two lenders
Jurors determined that Aaron Luneke, the former chief financial officer of Bank of the Valley in Nebraska, obtained millions of dollars in loans — including from his own bank — by inflating contractor bills for a new car wash business.
Tech outage halts trading at UBS
Following similar glitches at Lloyds and the London Metal Exchange, a tech outage at UBS has renewed scrutiny on modern banking platforms.