Monday, January 26, 2026

Banking Groups Urge Congress to Reject Credit Card Competition Act
Eleven banking and credit union groups sent a joint letter to members of Congress, urging the lawmakers to reject the Credit Card Competition Act (CCCA) and any expansion of the Durbin amendment. ...

FinTechs and Automakers Pursue Bank Charters to Expand Lending
The 21st century has seen a shift in how nonbanks enter the financial system. During 2025, the Office of the Comptroller of the Currency (OCC) received 14 de novo charter applications, a nu...

British Regulator Fines Bank of Scotland for Violating Sanctions Law
Bank of Scotland, a subsidiary of Lloyds Banking Group, has been fined £160,000 (about $219,000) by a British regulator for breaching a sanctions law targeting Russia. The penalty was redu...

Portable Credentials Help Hourly Workers Keep Income Flowing
PYMNTS Intelligence’s continuing explorations into the Labor Economy reveal that roughly 60 million Americans earn $25 an hour or less, representing 36.5% of total U.S. employment while driving abou...

Nike Investigates Ransomware Group’s Claims of Data Breach
Nike is investigating a potential data breach after ransomware group World Leaks claimed on its website that it had leaked 1.4 terabytes of data related to the company’s business operations, Reute...

Zerohash Eyes $1.5 Billion Valuation After Exiting Mastercard Deal
Blockchain infrastructure firm Zerohash is in discussions to raise $250 million, CoinDesk reported Monday (Jan. 26). The new funding would value the company at $1.5 billion, the report said...

Japanese Researchers Reduce Blockchain Delays in IoT Infrastructure
Blockchain is a promising solution for secure data sharing in the Internet of Things (IoT) networks, but existing systems often suffer from high latency that limits time-sensitive applications. Now, r...

Coinbase CEO Brian Armstrong Reflects on Digital Assets Adoption, Tokenization Trends After Davos
At the World Economic Forum in Davos this January, Coinbase (NASDAQ:COIN) CEO Brian Armstrong emerged as a vocal advocate for cryptocurrency’s integration into the global financial system. Through v...

Group Formed to Challenge Congressman Ro Khanna, Supporter of Confiscation Tax in California
A group called “Pissed Off at Ro“ has been created to challenge Representative Ro Khanna, a vocal supporter of the California confiscation tax, which has been proposed. The new group was recently ...

Grok Targeted by EU for Possible DSA Transgressions
The European Commission announced earlier today that AI service Grok and X’s “recommender systems” are under investigation regarding possible transgressions under the Digital Services Act (DSA)....

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Monday, January 26, 2026

January