How the New York Stock Exchange deploys Anthropic’s Claude
The stock exchange is using the artificial intelligence extensively throughout the organization, including in development of a distributed ledger for tokenized securities.
Inside Visa’s quest to go beyond card swipes
Andrew Torre, the card network’s president of Value-Added Services, said demand for security, agentic commerce and better processing are creating demand for technology and consulting.
Payments processor Stripe expresses interest in PayPal
Stripe, which is closely held and is among the industry’s most valuable companies, has expressed preliminary interest in a potential acquisition of the digital payments pioneer or its assets.
In retail banking, a positive work culture is a huge force multiplier
A negative work environment with unhappy employees is going to adversely impact the customer experience, even when employees don’t voice their dissatisfaction out loud. Bank managers need to create a positive culture.
Trump talks housing, affordability at State of the Union
President Donald Trump talked about institutional single family home ownership and housing affordability, as well as inflation, but left credit card rate caps, debanking and even crypto alone at the State of the Union address.
Can Trump fire nearly all CFPB staff? Appeals court isn’t sure
Judges on the U.S. Court of Appeals for the District of Columbia struggled to find a resolution to an injunction issued last year that halted reductions-in-force by the Consumer Financial Protection Bureau.
Crypto.com gets conditional approval for national trust charter
If the company gets final approval, it will be the newest crypto firm to receive a charter in recent months.
Payoneer seeks bank charter for new stablecoin
The payments firm wants to issue a stablecoin called PAYO-USD, joining a wave of digital asset companies seeking federal bank charters.
Wells Fargo taps ex-credit union CEO to lead business banking
Dennis Devine joins the San Francisco-based banking giant after a stint at Chicago-based Alliant Credit Union, which grew rapidly during his four years at the helm.
Cook: AI’s labor impact may take years to measure
Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs.