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FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassifi...
How $31 Trillion in US Treasury Bonds Could Shape Crypto Markets in 2025
US Treasury plans to issue over $31 trillion in bonds this year—around 109% of GDP and 144% of M2. This would be the h...
Dutch regulator KSA issues landmark fine for duty of care failings
The Kansspelautoriteit (KSA) has issued a landmark €734,000 ($833,248) fine to an operator for failing to protect young adults from gambling harm and excessive losses.  The Dutch gambling regulator...
This Week in FinTech: From Latin America to Africa, Funding Focuses on B2B and Platforms
The FinTech landscape is being altered by the news this week of the Global Payments and FIS dealmaking. Tens of billions of dollars are attached to the transactions, focused on merchant services and e...
BlackRock’s BUIDL drives 92% surge in tokenized US treasury market
Blockchain-based US Treasuries are gaining serious momentum, edging closer to a new all-time high of $6 billion in value. These digital financial instruments mirror traditional government bonds but li...
Cardano Is Vulnerable To Selling As Short-Term Holders’ Profits Hit 5-Month High
Cardano (ADA) has been struggling to maintain its price levels, with recent price action reflecting a lack of growth ami...
Former SEC lawyer warns ending SEC crypto action could trigger bank contagion
A guest essay by former SEC enforcement official John Reed Stark and Duke University lecturer Lee Reiners suggests that the Securities and Exchange Commission’s changing stance on digital assets cou...
Kyrgyzstan Says Yes to Central Bank Digital Currency — Starts Testing “Digital Som”
The post Kyrgyzstan Says Yes to Central Bank Digital Currency — Starts Testing “Digital Som” appeared first on Coi...
TerraPay, PayPal Announce MENA Partnership
PayPal (NASDAQ:PYPL) has announced a strategic partnership with TerraPay, a global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. Th...
Are AI agents the new machine translation frontier?
Global companies used to treat translation as a background process that occurred after the important engineering was done. That stance no longer fits the pace of cross‑border digital life. E‑comme...
Newswire > Tag: money
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