Visa abandons open banking in US as data-access debate rages
Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher...
CFPB seeks comments on bank fees as consumer-data rule reworked
The US Consumer Financial Protection Bureau is seeking answers to questions around bank fees and customer authorization as it reshapes...
Waller says Fed should work with industry on payment services
Federal Reserve Governor Christopher Waller called to embrace the “technology-driven revolution” taking place in artificial intelligence and stablecoins as a...
Crypto Wallet provider MetaMask to offer a Stablecoin with Stripe’s Bridge
Leading crypto wallet provider MetaMask is launching its own stablecoin in partnership with payment giant Stripe Inc.’s stablecoin arm, Bridge,...
Oracle cuts jobs in cloud infrastructure unit amid AI spending
Oracle Corp. is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid...
PayPal to create global digital wallet platform With Tenpay, UPI
PayPal Holdings Inc. is launching a platform that will enable customers with domestic digital wallets to easily transact with businesses...
PNC teams with Coinbase to give bank clients crypto access
PNC Financial Services Group Inc. formed a partnership with crypto exchange Coinbase Global Inc. to offer its banking customers access...
Crypto market gets major win as Congress passes stablecoin bill
Congress delivered a watershed victory for the crypto industry on Thursday, passing the first federal legislation to regulate stablecoins and...
PNC considers charging fintechs for access to customer data
PNC Financial Services Group Inc. is considering charging financial-technology companies for access to valuable customer data, following the lead of...
Senate confirms Jonathan Gould as Comptroller of the Currency
The US Senate confirmed Jonathan Gould to lead the Office of the Comptroller of the Currency, adding him to the...
