PayPal takes Venmo global
The payment firm’s P2P app, which has only been available in the U.S., will provide a new lane for remittances and other cross-border payments.
How North Korean operatives infiltrate US bank payrolls
Capital One’s Andy Ozment urges banks to break down internal silos and implement rigorous checks to catch nation-state impostors hiding in remote roles.
Senator calls for FTC investigation into FICO score pricing
Republican Sen. Josh Hawley repeated his long-standing criticism of Fair Isaac Corp. in a letter noting the detrimental impact of its prices on home buyers.
Private or public blockchain? Banks say yes to both
JPMorganChase, Invesco and other digital asset leaders are increasingly open to working with public blockchains like Solana as well as private, permissioned ledgers like Ethereum layer 2s.
Elizabeth Warren questions MrBeast’s purchase of fintech app
The Massachusetts senator sent an open letter to Beast Industries regarding its purchase of Step with a list of concerns about crypto investment and Evolve Bank’s role.
As agentic commerce grows, risks abound
New study highlights the dangers banks face and potential fixes as merchants and consumers embrace the emerging form of artificial intelligence.
Gould wants crypto rules to level the playing field
Speaking at the Digital Asset Summit, the Comptroller of the Currency argued that part of his goal in shifting the agency’s posture toward the crypto industry is to allow smaller financial institutions to engage in novel technologies, which he said will keep banks relevant.
Big banks are leading the on-chain and stablecoin race
New research from American Banker finds that the largest banks are the top players in stablecoin issuance and on-chain technology adoption.
TransUnion launches new fraud and personal safety check app
TruLookup for Real Estate reduces the need for realtors to access multiple databases or download numerous apps when researching a potential client or property.
More home sellers than buyers, a lot more
Banks are a critical link in the chain of elder fraud; blockchain is exciting and infrastructure is boring, but they’re actually the same thing; and there are way more home sellers than buyers.