DeFi in turmoil as eye-popping yields prove too good to be true
The notion that the cryptocurrency industry has near-magical powers to pay out yields that dwarf those found in the traditional financial world...
Payments
Listen: Core providers, not banks, should be ‘ready’ for FedNow
The years of anticipation surrounding the development and adoption of Federal Reserve instant payment service FedNow is a case of...
PayPal mounts crypto offensive after New York grants a full license
PayPal Holdings Inc. will let users transfer certain cryptocurrencies to other customers, exchanges and external wallets, a new service that’s...
Transactions: Finexio powers accounts payable at Banc of California
Automated treasury payments solutions at Banc of California will be powered by Finexio, the companies announced last week. Finexio, an...
Fidelity slashes Reddit, Stripe valuations after tech rout
Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe....
By the Numbers: Automation, data analytics draw banks to the cloud
Banks have yet to capitalize on cloud technology but agree that automation is the most compelling argument for doing so....
Listen: Banks should forget crypto payments, identify use cases
As crypto continues to gain traction with banks and financial institutions, experts are cautioning against moving away from its traditional...
Fintech Funding: Millions flow to bill-payments solution, API firm and core provider
Indonesian business payments infrastructure and API suite provider Xendit on Thursday raised $300 million in a series D funding round,...
Cryptocurrencies being used by fraudsters, Starling boss says
Bitcoin and cryptocurrencies present several challenges for investors and banks, including their use by criminals, according to Anne Boden, chief...
Banks join IXB pilot for instant cross-border payments
Twenty-four banks, including Bank of America, JPMorgan and Wells Fargo, are part of a pilot project for immediate cross-border (IXB)...
