PayPay stock rises by almost 20% after below-range IPO debut
The payments fintech’s Nasdaq debut marks the largest U.S. listing by a Japanese company in a decade and had a strong start despite market turmoil caused by the Iran war.
Iran war pushes mortgage rates near yearly high
The conflict pushed oil price futures above $100 a barrel for a short time earlier this week, which affected bond investors and the 10-year Treasury yield.
Fed’s Bowman previews streamlined capital framework
Federal Reserve Vice Chair for Supervision Michelle Bowman outlined upcoming changes to the bank regulatory capital framework in a speech Thursday, focusing on streamlining bank capital requirements through Basel III and Global Systemically Important Bank surcharge rules.
Zelle ventures into charitable disbursements with Bank of America
The bank-owned instant payment network has added a new use for its seldom-mentioned disbursement business.
In stablecoins, banks are confronting the innovator’s dilemma
Noelle Acheson argues that banks’ focus on deposit tokens rather than stablecoins is a clear example of the “innovator’s dilemma” at work: few economic incentives to embrace the innovation happening at the periphery.
War in Middle East may press pause on bank deal boom
The conflict with Iran has thrown volatility into bank stock prices, which is often the currency of dealmaking. “Stability is important to be able to do deals,” one analyst said.
Financial crime has become a major growth industry
The war may out a damper on bank mergers; and financial crime has become a global industry — a big global industry
Credit union strikes deal for Wisconsin community bank
Brookfield, Wisconsin-based Landmark Credit Union’s planned takeover of American National Bank-Fox Cities is the second credit union-bank acquisition announced in 2026.
Mastercard boosts agentic commerce, adds crypto network
The card network hopes to increase revenue from non-card payments and is tapping two major technology trends.
These housing markets face the greatest risk of decline
Residents in more than half of U.S. counties need greater than one-third of income to successfully manage major housing costs, according to new Attom research.