Anthropic is restoring Fable 5, but questions linger
The company has built even more safeguards into the model, including a fallback to Opus 4.8 for requests that trigger security controls.
Looser Basel capital rules don’t mean a windfall for bank shareholders
Yes, banks’ capital burden will decline, leaving more potential funds available for lending. But the big question is which banks will find a way to deploy those funds to generate meaningful returns.
Bill could triple fees for VA interest rate reduction refi loans
The fee hike, which also raises the cost of assumptions, is part of the House pay-as-you-go rules to support a proposed expansion of veterans benefits.
Trump, the Fed and the trust question
The biggest pressure on the Federal Reserve isn’t Supreme Court rulings, an overbearing president, or even inflation; it’s the public’s trust in the bank.
How the card networks are managing data center pressure
As political pushback builds, Visa and Mastercard say they’re folding the energy impacts of data centers into existing environmental policy.
SEC fines BofA’s Merrill Lynch $7.5M over AML lapses
As a subsidiary of Bank of America, Merrill uses a BofA software program to monitor and report suspicious activity. For years, the Securities and Exchange Commission says, that program fell short.
Big payment firms, banks and fintechs add heft to Open USD stablecoin
BNY, Huntington Bank, U.S. Bank, American Express, Visa, Mastercard, Stripe, and Coinbase are just a few of the companies that have signed on to use the dollar-backed stablecoin issued by technology firm Open Standard.
SEC’s Atkins: tokenized deposits could be available next year
Securities and Exchange Commission Chair Paul Atkins said tokenized bank deposits are likely to be a reality in 2027, and added that he is working with banking agencies on digital assets and capital requirements.
How Flagstar Bank integrated its acquired data centers
After two different community bank M&A deals, Flagstar Bank consolidated its data centers from six facilities to two as part of its tech integration strategy.
BNY expands stablecoin offerings for institutional clients
The bank deepened its relationship with Circle Internet Group, letting institutions store, transfer, mint and burn USDC.