FedNow CEO Watches Banks Race to Catch Nonbanks as Growth Surges
The competition between banks and nonbanks is intensifying as customers demand faster, always-available ways to move money. Banks are finding that the FedNow® Service can help them compete more effic...
Tripadvisor to Merge 2 Businesses as Activist Investors Urge Sale
The Tripadvisor Group reportedly plans to merge two of its three businesses, Tripadvisor and Viator, amid activist investors’ pressure to consider selling either the entire company or its other divi...
Science Must Decentralize
Knowledge production doesn’t happen in a vacuum. Every great scientific breakthrough is built on prior work, and an ongoing exchange with peers in the field. That’s why we need to address the thre...
Banks and FinTechs Press Treasury on Compliance Gaps in GENIUS Act
In September, the Treasury Department extended the public comment period on the implementation of the GENIUS Act, signaling both the complexity and sensitivity of shaping anti-money laundering (AML) a...
