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The Federal Reserve announced a third‑party review of the March 2023 Silicon Valley Bank collapse, citing evidence of supervisory and management failures dating back to 2022. Vice Chair for Supervision Michelle Bowman said the external audit will examine all events leading to the bank’s downfall to prevent repeat mistakes. The review follows a self‑critical internal report by former Vice Chair Michael Barr that highlighted lax oversight and poor risk controls. SVB was seized by California regulators and placed into FDIC receivership after a massive liquidity squeeze and a $1.8 billion loss.
JP Morgan Chase settled a SEBI case over foreign portfolio investor (FPI) rule breaches by paying Rs 34.42 lakh. The regulator found the bank issued Category II licences to four UK FPIs not registered with the FCA and later re‑classified them without verification. Additionally,...
Santander Brasil announced that Gilson Finkelsztain, currently CEO of Brazil's stock exchange B3, will take over as its chief executive by July, succeeding Mario Roberto Opice Leão. The transition, outlined in a U.S. SEC filing, will occur after Leão steps...
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Investopedia’s March 2026 roundup identifies the top high‑yield business savings accounts, with Meritrust Credit Union’s Premier Money Market Earnings leading at a 4.00% APY. Three additional institutions also offer the same rate, while others range down to 2.75% APY. The list...
Banking experts welcomed the White House’s decision to delay a Trump administration proposal that would have required banks to collect customers’ citizenship information. The mandate, seen as an extension of immigration enforcement into financial regulation, raised concerns about massive customer...
Chainalysis reports that banks are moving beyond theoretical discussions to concrete stablecoin deployments. Executives have settled on three primary models: issuing proprietary tokens, partnering with existing providers, or embedding stablecoins into current payment and treasury systems. The critical hurdle now...
India revised the interest subvention rules for export credit effective Jan 2, 2026. The benefit now ceases when a loan is classified as a non‑performing asset and the Unique Identification Number cannot be transferred to another bank. Exporters must keep total...
Mortgage lenders operate under intense regulatory scrutiny, cyber threats, and capital pressure, yet many still rely on fragmented governance and legacy systems. Recent enforcement actions, such as Bayview’s $26 million data‑breach settlement, highlight the financial and reputational costs of inadequate risk...
The European Union has formally invited Turkey to join the Single Euro Payments Area (SEPA), a move that could tighten economic ties and lower cross‑border transaction costs. Over the past year, Albania, Moldova, Montenegro and North Macedonia joined, bringing SEPA...
Bank Hapoalim's U.S. arm, BHI, has issued an $88 million bridge loan to finance the conversion of 845 Third Avenue, a 21‑story Midtown East office tower, into a 529‑unit residential building. The loan is part of a broader recapitalization that also includes...
U.S. banks Custodia and Vantage have launched tokenized deposits that will be used in Participate, a loan‑participation network spanning roughly 600 financial institutions. The SEC also approved Nasdaq’s plan to settle trades of major equities and ETFs with tokenized securities,...
Bank of North Dakota is launching Roughrider Coin, a stablecoin designed for wholesale, bank‑to‑bank payments, in partnership with Fiserv’s digital‑asset platform. The initiative demonstrates how a state‑owned, mid‑tier bank can create an instant payment rail without building the technology from scratch....
The Global Credit Risk & Debt Recovery Conference 2026 will convene July 1‑2 in Dubai’s Mövenpick Grand Al Bustan. Senior leaders, decision‑makers and innovators from banks and financial services will gather for two days of insight. More than 25 expert...
Stripe has launched Tempo, a new blockchain platform designed to power autonomous AI‑driven payments. Built with digital‑asset firm Paradigm, Tempo’s mainnet already supports over 100 integrated services and aims to handle high‑volume cross‑border payouts, remittances, and tokenized deposits using stablecoins....
Global cloud banking platform Pismo and payments giant Visa have partnered with Australian fintech Vivi Money to launch an AI‑native payments solution in Australia. Built from the ground up with artificial intelligence, the platform delivers adaptive, real‑time services such as...
Sygnum’s off‑exchange custody platform, Sygnum Protect, has crossed the $1 billion asset threshold, reflecting a 900% year‑on‑year surge driven by institutional appetite for secure crypto exposure. Launched with Binance and later expanded to Deribit and Bybit, the service links users to...
Ripple is deepening its footprint in Brazil by launching a broader suite of enterprise blockchain solutions and seeking a Virtual Asset Service Provider (VASP) licence from the Central Bank. The move adds major banks and fintechs such as Banco Genial,...
The Financial Conduct Authority (FCA) issued a public notice concerning Propiteer Capital PLC, highlighting the firm’s regulatory status and recent compliance actions. The posting, shared via Crowdfund Insider on March 20, 2026, links directly to the FCA’s official website for...
Targeted credit‑card offers, sent directly to select consumers, can yield higher bonuses than public promotions. The article outlines practical steps to increase the likelihood of receiving such offers, including opting into email and mail communications, regularly checking pre‑qualified offers through...
The FDIC has rescinded its 2009 rule that barred private‑equity firms and other non‑bank entities from bidding on failed banks. The change, prompted by the rapid failures of Silicon Valley Bank, Signature Bank and First Republic in 2023, is intended...
In a recent interview, M&T Bank CEO Rene Jones outlined how regional banks are navigating a higher‑interest‑rate environment and tighter credit conditions. He highlighted M&T’s focus on disciplined loan growth, bolstering deposit stability, and accelerating digital transformation to improve cost...
Swiss banking giant UBS Group AG secured final approval from the Office of the Comptroller of the Currency for a national bank charter in the United States. The charter allows UBS to offer a full range of banking products, including...
Visa’s product chief says processed‑transaction volume remains stable and resilient, downplaying a K‑shaped split. PayPal’s CFO notes a 1% deceleration in branded checkout growth, attributing it to divergent spending among middle‑ and lower‑income consumers. Shift4’s CFO points to lodging and...
Federal Reserve Vice Chair for Supervision Michelle Bowman signaled support for a deeper rate‑cut trajectory, proposing three cuts by the end of 2026 despite the March FOMC’s decision to hold the benchmark at 3.5‑3.75%. She highlighted lingering labor‑market concerns and...
A retiree looking to park $100,000 can choose between a high‑yield savings account (HYSA) offering 4.20% APY and full liquidity, or a jumbo certificate of deposit (CD) delivering 4.35% APY with a short‑term lock‑in. Both products are FDIC‑insured up to...
The Financial Conduct Authority has released the terms of reference for a market study focused on later‑life mortgages. The study will assess whether the sector can evolve to meet the growing and shifting needs of retirees, including lifetime and interest‑only...
The Reserve Bank of Australia’s recent cash‑rate hike is pushing mortgage repayments higher, prompting homeowners to reconsider fixed‑rate options. Experts explain that fixed rates lock in payments and can aid budgeting, but may become costly if interest rates fall, while...
The UK Financial Conduct Authority has opened an enforcement investigation into Market Financial Solutions Limited (MFS), a firm registered under Annex 1 and supervised solely for compliance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
Zimperium’s 2026 Banking Heist Report reveals that 34 active malware families are targeting 1,243 mobile banking apps across 90 countries. Android‑based financial fraud surged 67% year‑over‑year in 2025, with sophisticated campaigns that can fully control devices and bypass traditional defenses....
Salesforce researchers argue that while technical protocols for AI‑to‑AI communication are emerging, the trust architecture that enabled 19th‑century bank clearing houses is still missing for autonomous agents. They highlight four pillars—registered identity, reputation infrastructure, boundary‑based governance, and structured accountability with...
Banks increasingly rely on mobile apps as the main customer interface, but chatbot satisfaction remains low. Research from Javelin Strategy shows bots often serve as complex call‑routing tools that frustrate users, especially younger consumers who expect swift human assistance. Institutions...
Jem Walters, former Virgin Money CIO and co‑founder of the Snoop app, became CTO of Vanquis in September 2023 to lead a sweeping digital overhaul. He is consolidating three legacy technology stacks into a unified Salesforce‑based platform while building a Snowflake‑powered...
Starling Bank announced the launch of the UK’s first agentic AI financial assistant, dubbed Starling Assistant, to automate everyday banking tasks. The voice‑enabled tool can set up savings goals, allocate funds across dedicated spaces, and schedule bill payments through natural...
Canadian Investment Regulatory Organization (CIRO) will roll out a Disgorgement Distribution Program on April 1, 2026, enabling funds seized from broker misconduct to be returned to affected investors. The initiative distributes disgorgement penalties on a prorated basis, with claimants given at least...
The Indian government announced a Rs 20,000 crore credit guarantee scheme aimed at micro‑finance institutions (MFIs) to alleviate liquidity pressures. The programme applies to all bank‑sanctioned loans up to June 30, 2026 and imposes a 2 % rate ceiling above the marginal cost of funds....
Fourteen months after DORA became enforceable, European financial institutions are still struggling to meet its requirements. Surveys show only about a third feel confident about full compliance by the Jan 2025 deadline, while half expect to finish by end‑2025 and many...
A large‑scale randomized experiment with 144,000 Mexican credit‑card borrowers shows that lowering interest rates by 30 percentage points cuts default by only 2.6 percentage points, while a 5‑to‑10 percent increase in minimum payments modestly raises short‑run defaults. By linking borrowers to social security...
Regulators across Europe are turning real‑time financial‑crime intelligence sharing from a voluntary practice into a legal requirement, with the Payment Services Regulation (PSR) Article 83 and AMLR Article 75 mandating connections to domestic and international networks from 2027. Salv Bridge, a four‑year‑old...
The International Financial Services Centres Authority (IFSCA) has issued 60 warnings to capital market intermediaries (CMIs) operating in GIFT City during FY26 for breaches such as unattended offices, missing key personnel, weak infrastructure, and use of remote‑access software for trading....
The FCA now mandates that every compensation outcome in large‑scale remediation programmes be fully auditable and transparent. Known as explainable redress decisions, firms must reconstruct the entire decision‑making process for each customer, documenting data sources, eligibility criteria, formulae, and any...
Sunstate Bank announced a partnership with InvestiFi to embed stock, ETF and digital‑asset investing directly into its online banking platform. The integration lets account holders trade and allocate funds from their checking accounts while accessing InvestiFi’s Guided Investing robo‑advisor and...
The UK Financial Conduct Authority has ordered Beauforce Corporation Limited to stop all regulated activities, including debt‑advice and debt‑management services, and to return client funds held in its accounts. The action follows revelations that the firm’s senior manager, Mr Duckett, is...
The Central Bank of Kenya and the National Bank of Rwanda have signed a Memorandum of Understanding to create a licence‑passporting framework for payment‑service providers operating across both countries. The arrangement will allow mutual recognition of PSP licences, eliminating duplicate...
Independent mortgage brokers rely on strong lender relationships to close deals efficiently. Recent insights from Edge Home Finance’s Nguyen Mai and RCG Mortgage founder Andrew Russell highlight that proactive, over‑communication from lenders—especially underwriters—can prevent bottlenecks and improve client outcomes. Speedy,...
Central‑bank digital currency (CBDC) could remain neutral for banks if the central bank recycles CBDC balances back to them at rates equal to deposit‑funding costs, preserving credit creation and profit margins. Deposits, however, are hybrid instruments that provide money‑like services...
The Federal Reserve’s Basel III reproposal softens capital requirements for mortgage‑backed assets, notably easing the Tier 1 cap on mortgage servicing rights (MSRs) while keeping a 250% risk weight. It introduces LTV‑based risk‑weight tiers, dropping to 25% for loans under 50% LTV,...
National Australia Bank (NAB) is preparing to scale its AI‑driven "customer brain," a platform that now incorporates 3,500 adaptive models and is used by 90 percent of its divisions. The system can generate more than 400 next‑best actions for each client,...
EtherFi, a crypto neobank with roughly $6 billion TVL, is integrating Plume Network’s Nest Vault infrastructure to offer tokenized real‑world asset yield via the nBASIS vault powered by Superstate’s USCC fund. The partnership will initially re‑allocate capital to the vault, followed...
A record 111 million U.S. consumers carried credit‑card balances at year‑end, pushing total debt past $1 trillion. The average annual percentage rate slipped to 22.3% in Q4 2025, down from 22.8% a year earlier. Policy advocates propose a 10% interest‑rate cap, arguing it...
IDB Invest and Banco de Crédito del Perú (BCP) have extended a combined loan of up to $250 million to Grupo Tramarsa and Terminal Internacional del Sur (Tisur) to fund preliminary work on the Port of Matarani expansion. The financing, split...
