Visa to open Visa Direct to stablecoins
The payments company is opening its real-time payments network, Visa Direct, to stablecoins through a prefunding pilot that will allow businesses to move money across borders when banks are closed.
Bond yields sank — so why aren’t mortgage rates following?
While new jobs data contributed to falling Treasury yields, mortgage rates showed a mixed picture with some trackers moving in opposite directions.
Does the ‘subscription economy’ offer banks an opportunity?
As consumers use digital subscriptions for everything from streaming movies to cooking meals, financial apps are taking different approaches to helping their customers navigate recurring payments. Should banks get in on the action?
Backlash brews over large-scale ‘exiting’ of AI skeptics
Two large companies’ announcements that they’re laying off thousands of people they’ve deemed not AI-savvy have drawn mostly negative reactions.
Sunshine Act Notice: FDIC Board of Directors Meeting
SUNSHINE ACT MEETING NOTICE The FDIC Board of Directors will meet in an open session: Date and Time: Tuesday, October 7, 2025, at 10:00 a.m. ET Place: The Board meeting will be open to public observation by webcast. Members of the media should contact the Office of Communications by Monday, October 6, at MediaRequests@FDIC.gov to attend […]
CFPB officially delays small-business reporting rule
The Consumer Financial Protection Bureau will delay its small-business lending data rule by a year, citing litigation and plans to rewrite the regulation in the interim as reasons for the delay.
Inside Stripe’s push into agentic artificial intelligence
A flurry of product launches are designed to keep the payment company’s merchants in-house by making it easier to deploy artificial intelligence-driven payments and stablecoins.
Stablecoins will blur the boundaries between banks and nonbanks
As the issuance of stablecoins by businesses outside the financial industry expands, some of the products and services traditionally handled by banks might begin to migrate to retailers and other market participants.
Banks hunt for ‘debanked’ Republicans in Trump crackdown
Banks are scouring consumer complaints, bank accounts and loan denials to identify people and companies who they may have cut off from banking services amid a new push by the Trump administration to address allegations of political bias in debanking.
Shutdown tests lenders’ plans to keep loans moving
As the government shutdown stalls key housing programs, lenders are shifting tactics to keep loans moving and preparing for bigger challenges ahead.