Tether to launch new US stablecoin, Bo Hines to lead project
Tether Holdings SA, the company behind the world’s most traded cryptocurrency, is bringing its digital dollar home, unveiling a US-regulated ...
Tag: Bloomberg
Robots step in more than ever when credit traders go on vacation
When US credit traders go to the beach, algorithms are increasingly stepping in for them, allowing transaction volume to stay ...
PNC to reach Colorado-expansion target with FirstBank takeover
PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding ...
Trimont picks JPMorgan for payments using blockchain
Trimont LLC, a global commercial real estate loan servicing company, is using JPMorgan Chase & Co.’s blockchain platform to help ...
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 ...
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 ...
