Bank of America says a digital U.S. dollar is ‘inevitable’
The U.S. will likely move forward with its own digital currency, with issuance occurring between 2025 and 2030, according to...
Fed takes key step in deciding on U.S. digital-coin issuance
The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the...
SoFi rises after regulator approves U.S. bank charter
SoFi Technologies Inc., the financial firm led by former Twitter Inc. executive Anthony Noto, surged after the Office of the...
‘DeFi’ decentralization promise is an illusion, BIS chief says
Advocates of a decentralized future of money based on distributed ledger technology are chasing an illusion, according to Bank of...
Bank of America launches cash-forecasting tool for businesses
Bank Of America Corp. created a forecasting tool that allows businesses to better manage their use of cash. The service...
London’s fintech boom opens the door for dirty money
A 10-minute walk from the Bank of England, on the eastern edge of the City of London, lies a gateway...
Super apps way forward for big Indian shadow banks, Shriram says
Indian shadow lender Shriram City Union Finance Ltd. is building a so-called super app to offer various financial products on...
Santander rushes to recoup £130 million mistakenly paid out to U.K. accounts
Banco Santander SA is racing to retrieve 130 million pounds ($175 million) paid out to thousands of British customers in...
Crypto Altcoin BNB smokes Bitcoin and Ether with 1,300% gain this year
This year, the old guard of cryptocurrencies lost ground to tokens with greater returns. Researchers predict the trend may continue....
Blockchain-based startup figure creates platform for raising equity
Figure Technologies Inc., the startup co-founded by Mike Cagney, created a platform to help private companies raise and trade equity...
