Crypto assets as collateral? In the U.S., the Fed has cleared the way
A recent Federal Reserve ruling makes it possible for banks to accept cryptocurrency as collateral for private transactions. It’s an important step toward integrating digital assets into the financial system.
Why no one can end the investment banking recruiting war
College sophomores are applying for jobs before they’ve even taken a finance class. Goldman Sachs CEO David Solomon says he dislikes the process, but doesn’t have the power to change it.
Europe’s central bank taps Feedzai for digital euro fraud shield
Portugal’s Feedzai will build the fraud detection system for Europe’s planned digital currency, a deal worth up to $278 million.
SoFi launches options trading for beginners
The digital bank is expanding its investment offerings with a lower-risk, fee-free level of options trading.
Citi and US Bank leaders drive tech-powered risk reform
Jennifer Taylor at Citibank and Jodi Richard at U.S. Bank are driving a rethinking of how to tackle the risks banks face using technology.
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?
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.
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.
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 […]