News
Federal Preemption Debate: Are Big Banks Getting Priority Over Consumer Protection?
The National Bank Act and its accompanying federal preemption power have long been presented as pillars of banking stability. But peel back the layers of historical...
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/ 19 hours agoIs Private Credit a $2 Trillion Insurance Timebomb?
Life insurers are quietly shifting mountains of risk. They have offloaded long-term policyholder liabilities into offshore reinsurance vehicles and captive subsidiaries....
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/ 2 days agoCFPB Union Wins Court Battle to Block Mass Layoffs at Consumer Agency
In a decisive legal setback for the Trump administration, the D.C. Circuit Court of Appeals has halted a plan to fire...
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/ 4 days agoThe World Cup: A Global Arena for Testing the Future of Payment Tech
Every four years, the World Cup doesn’t just captivate billions of fans with breathtaking goals and nail-biting finishes. It also serves...
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/ 4 days agoThe Hidden Risks for Banks as Embedded Payments Go Mainstream
Embedded payments are no longer a futuristic concept. They are here, woven into ride hailing apps, grocery delivery services, and even...
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/ 5 days agoBanks Get the Green Light to Share Fraud Data in Real Time, But Is That Enough?
The war against financial scams just got a fresh batch of ammunition. The Financial Crimes Enforcement Network, better known as Fincen,...
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/ 6 days agoBank of Montreal’s AI Chief Calls Layoff-First Technology Strategy ‘Lazy’
Banks are rushing to integrate artificial intelligence, but according to Kristin Milchanowski, Bank of Montreal’s chief AI and data officer, there...
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/ 6 days agoRobinhood Cuts 10% of Staff, AI Not Mentioned as a Factor in Layoffs
Robinhood Markets, the fintech darling that turned millions of Americans into casual traders during the pandemic, has trimmed its workforce by...
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/ 7 days agoThe Fed’s SVB Investigation Promises Impartiality. Skeptics Aren’t Convinced
Three years have slipped by since Silicon Valley Bank collapsed in a spectacular heap, becoming the second most expensive bank failure...
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/ 7 days agoRegulatory Silence on Generative AI Isn’t a License for Inaction in Banking
Regulators have thrown up their hands, admitting that the breakneck speed of generative and agentic artificial intelligence makes crafting definitive rules...
