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Fed Drops Reputational Risk to Open Door for Banks to Serve Bitcoin Firms

Fed Drops Reputational Risk to Open Door for Banks to Serve Bitcoin Firms

The change aims to end banks' debanking bitcoin firms over unclear rules
Global Trade Associations Call for Revisions to EU Cryptoasset Standard

Global Trade Associations Call for Revisions to EU Cryptoasset Standard

The coalition warned that the current rules are overly conservative
Mortgage and Refinancing Business Stall

Mortgage and Refinancing Business Stall

Mortgage rates went up slightly to 6.68% on the average 30-year fixed-rate
Spain Blocks BBVA-Sabadell Merger for at Least Three Years

Spain Blocks BBVA-Sabadell Merger for at Least Three Years

Both banks must keep their operations and assets independent for a minimum of three years
Federal Reserve Executive Leads Global Payments Discussion on June 19 in Chicago

Federal Reserve Executive Leads Global Payments Discussion on June 19 in Chicago

Gleacher Center, University of Chicago, Booth School of Business
HSBC to Close US Business Banking Unit

HSBC to Close US Business Banking Unit

The bank will close a division that serves over 4,000 clients
Fintech Funding Falls to Seven-Year Low

Fintech Funding Falls to Seven-Year Low

Global fintech funding has fallen to its lowest level since 2017, though deals in payments continued to thrive
The Rise of Narrow Banking: How Private Credit Is Redefining the Financial System

The Rise of Narrow Banking: How Private Credit Is Redefining the Financial System

Private credit is challenging traditional banking institutions by offering alternative lending solutions
Banking Circle S.A. and Visa Direct Partner to Enhance Global Payment Capabilities

Banking Circle S.A. and Visa Direct Partner to Enhance Global Payment Capabilities

Partnership provides Visa Direct with access to Banking Circle’s extensive local clearing rails across the world
One-in-Four UK Pension Schemes Consider Reducing US exposure

One-in-Four UK Pension Schemes Consider Reducing US exposure

Tariff uncertainty and investor concern are driving schemes to reassess their exposure
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