Community Banks Alarmed as Senate Backs Unregulated Crypto Interest
Community banks are freaking out now that the Senate is poised to let crypto pay interest on deposits while being unregulated. Shoulda listened to Elizabeth Warren. https://t.co/FTwxTCdwZj
Businesses Reject Tap Payments Over Dispute Risks
Apparently A LOT of businesses are no longer taking tap payments …. Been to like 5-6 places over the past 2-3 days that have said no we don’t take tap or not allowed to anymore. Are yall experiencing this? I...
Branch Banking Shifts to Data‑Driven Experience Hub
The branch still has a role to play, but it must evolve from a transaction center into a connected experience hub powered by data and digital engagement. That transformation is already underway. Explore the future of branch banking in Branch Tomorrow: https://t.co/z8NlMW8sQU...
GRI Secures £540m Facility Extension, Saves £1m Annually
#GRI got an extension on £540m of "core banking facilities" to 2033 and at a lower cost, saving £1m per year in finance costs.
Public, Maybank Lead with Top PBV and ROE
Snapshot of Top 6 Malaysian banks and BIMB valuation. •Public has the highest PBV at 1.5x •Maybank is 1.4x The two banks have the best ROE of 12.1% and 11.3%. •RHB is “most improved” at 1.0x as ROE rose to ~10% Most banks...
Maintain Steady LLC Activity to Establish Bank Trust
Keep transactions moving through the LLC account even if it is a holding company. One to five thousand a month is enough to build history. Most banks have a three to six month probationary period before they treat the account...
Banks Panic as Stablecoins Offer Consumer-Level Bank Yields
Banks are panicking about stablecoin yield because for the first time, regular people could earn the kind of returns banks keep for themselves. https://t.co/bUoQmcqLWh
Fintech’s Ramp Card Silently Reshapes Corporate Finance
In 2020, Ramp launched a corporate credit card. Banks didn't take it seriously. Another fintech trying to take on Amex. Five years later, 50,000 companies run their entire finances through Ramp. Nobody saw it coming:
EU and India Sign Central Banking Cooperation MoU
🇪🇺🇮🇳 I met @RBI Governor Malhotra in Basel to sign a Memorandum of Understanding (MoU) on cooperation in the field of central banking. Looking forward to continued good cooperation. Read the press release https://t.co/uFmnxvTaFg https://t.co/uCVDSJtddt
Mortgage Rate Lockdown Hype over, Data Shows
@GRoditiD, whose job is to look at this stuff, has the coupon data on mortgages, so it's a bit unfair that we both talk about the mortgage rate lockdown being over hyped; he has the best Charts on this https://t.co/osWg5Co0Ly
AI Models Become Banks' New Competitive Moat
Revolut's Pragma: Financial Game Changer or Niche Tool? Conversations and Insights with NVIDIA's Georgios Kolovos. Full video: 👉 https://t.co/BOdoxP14ld 💬 Is Revolut’s "Pragma" the breakthrough the financial world has been waiting for, or just another niche update? 📈 We explore how...
Most Firms Adopt AI; Regulators Largely Ignore Adoption Data
4 in 5 firms now use AI in production. 43% of regulators don't collect any data on industry AI adoption and have no plans to start.
Housing Affordability Rises, yet Mortgage Rates Stay Above 5.75%
Purchase apps and weekly pending home sales are at multi-year highs last week, low base-effect growth. Housing is slowly getting more affordable with time, as long as wages outpace prices. Extremely hard to get mortgage rates under 5.75% with a...
Seeking UAE Testers for Real‑Time Grid Banking Integration
We recently added full realtime interop with the UAE 🇦🇪 banking rails via @lightspark grid. I want to test a Grid Global Account with my @openclaw M coordinating the payment on WhatsApp. Who in Dubai or Abu Dhabi wants to...
60% of Owners Limit Loan Talks to 2‑5 Lenders
Weekend data analysis after speaking with 250 small business owners over the past few months. Here is an interesting pattern around debt financing. One stood out immediately: Roughly 60% of owner-operators only speak with 2-3, max 5 lenders when evaluating financing options. I thought...
Instant Account Opening and Loan Approval: Customers' Expectation
The goal is clear. A checking account opened in minutes. Loans and savings accounts approved instantly with no rekeying of data. That’s the future customers expect. https://t.co/PpRWo1qaTB
Banks Failed to Block Stablecoin Rewards; Fight Continues
Banks spent months trying to kill stablecoin rewards inside the Clarity Act. @faryarshirzad says they didn't succeed — but the fight isn't over … plus, it’s still unclear whether Clarity can actually be passed. https://t.co/vms9HZ25HH
Fed Seeks Level Playing Field for Banks Vs. Non‑banks
Fed's Michelle Bowman: the regulatory environment has pushed credit to non-bank financial institutions banks. Proposed changes are aimed to have traditional banks better compete.
Not a Politics Breaker, Just a Bank‑Tax Enthusiast
I feel really bad for all the new followers from the last two weeks who think that I routinely break politics-adjacent news. But if you also are fascinated with the interaction between banks and property tax collection vis escrow services...
Regulators Block Bank Liquidity Requests, Scarce Reserves Inefficient
How to shrink the balance sheet? @DuffieDarrell Due to regulatory pressure, large banks have not come to the Fed to get liquidity. Making reserves scarce again would be 'massively inefficient and stupid' (referencing Fed's Chris Waller's recent speech)
Payward Seeks Federal Bank Charter for Crypto Custody
Kraken's parent company, Payward, applies to become a Federal Bank, offering Bitcoin and crypto custody services https://t.co/hKVxGVLfFY
Warsh Seeks Fed Balance‑sheet Cuts Post‑LCR Easing
Serious question for fixed income experts: Warsh wants to reduce the Fed balance sheet after bank regulations are eased - specifically the liquidity coverage ratio requirements that forces banks to hold large reserve balances (~$3 trillion). So if/when the reserve requirements are...
40% of Americans Hold Super‑prime Credit Scores
JUST IN: 40% of Americans have a “super prime credit score" of 781 or higher, per TransUnion
Regional Fed Presidents Guard Against Groupthink
David Wilcox: regional Federal Reserve Presidents play crucial role in avoiding groupthink at the Fed. @HooverInst
London Urges UK Tech to Build Digital Verification Network
City of London calls UK tech firms to set up digital verification network https://t.co/oBpIOdWJWW This is exactly what was proposed by the TechUK/APAC working group that I co-chaired approximately a thousand years ago (it feels like). https://t.co/0MqQctxXpK
Banks Deploy Aggressive Strategy to Tackle Stablecoins
"The banks have a pretty comprehensive strategy against stablecoins. They're not going to let this issue rest." 🏦 https://t.co/Mwr3RXyd81
PayPal Rebrands as Tech Company, Embraces AI
PayPal says it’s ‘becoming a technology company again’ — that means AI 🤖 💬 PayPal is looking toward the future, despite its falling stock and looming layoffs. In its first-quarter earnings call, CEO Enrique Lores told investors that PayPal needs...
Align Front and Back-End Systems to Accelerate Growth
If your onboarding process is slow, your growth is already constrained. In this episode, I explore why aligning front and back end systems is critical to improving customer experience. 💡 Watch the full episode: https://t.co/5dcOvVfGgn https://t.co/LX3PcJWk9b
Small Banks Dominate Infill Construction Financing, Big Banks Stay Out
Related to housing, it is basically ONLY small banks that provide construction loans for infill projects. Big banks do not waste their time making small loans. It’s why you see construction signs of “Financing provided by ___” and think “Wow I’ve never...
Local Banks, Not Big Lenders, Fund Small Housing Projects
It’s is local banks and credit unions that provide the construction loans for nearly all small infill housing projects The large banks cannot waste their time making small loans.
YC‑backed Parker Files Chapter 7 Bankruptcy After $200M Claim
🚨SCOOP: YC-backed Parker, which claimed to have raised "over $200 million in funding," officially filed for Chapter 7 bankruptcy yesterday, I can be the first to report. The news follows the abrupt shutdown of the ecom-focused banking & credit card startup...
Small Chinese Banks Squeezed by Real‑estate Exposure, Limiting Credit
1/2 Good Caixin article on the acute problems faced by Chinese banks as they are forced to pile into real estate assets that backed defaulted property loans: "The problem is most acute for smaller lenders", draining their capacity to lend to...
German Parents Fund Foreign Buffers, Boosting Own Leverage
When a host country raises its countercyclical capital buffer, parent companies in Germany step in & fully replace the lost funding through internal loans. Parents refinance this support by borrowing more at home — raising their own leverage & default...
AI-Driven Threats Make Cyber Resilience Essential for Survival
Cybersecurity is entering a different era. Frontier AI models can now discover and exploit vulnerabilities continuously and at scale, shrinking attack timelines and expanding risks far beyond traditional defenses. The priority is changing fast. Cyber resilience is no longer optional infrastructure, it...
CIOs Now Steer Banks' Future, Not Just IT
The CIO is no longer running IT … they’re running the future of the bank - https://t.co/5uAP8RzEpN
RBI Clears Kotak Mahindra’s 9.99% Stake in Federal Bank
The RBI has approved Kotak Mahindra Bank Limited to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights of Federal Bank Limited. Federal Bank received the intimation from the RBI on May 06,...
Banks Fund Real Estate, Not Stocks, Crypto, or 401k
The bank will lend you $240,000 to buy a rental property. They will not lend you $240,000 to buy stocks. They will not lend you $240,000 to buy crypto. They will not lend you $240,000 to fund your 401k. Only real estate.
Banks Favor Regulated XRPL, DeFi Likely Delayed
Banks want regulated infrastructure, not chaos. KYC, AML, OFAC compliance on chain. The XRPL delivers that. The DeFi component of the Clarity Act is what Democrats and banks both push back on because accountability is missing there. Scams, no disclosures,...
J.P. Morgan Secures AI Agent Identity for Future Payments
J.P. Morgan Payments has partnered with Mirakl to build infrastructure for agentic commerce in an effort to radically transform the traditional payment rail. But as autonomous agents move from browsing to buying, they introduce some risks: processing untrusted inputs, accessing sensitive...
Digital Channels Erode Traditional Customer Loyalty
Loyalty is no longer guaranteed. Digital channels have changed how customers engage, compare, and switch providers with ease. https://t.co/hXs8IFbQwN
Mortgage Document Fraud Ignored Despite Budget Commitment
Mortgage Document Fraud Is Clearly NOT A Priority To The Federal Government Because the Finance Department announced they would shut Fraud down 2 years ago But CRA told the Government they were too busy & couldn't bother doing anything about Fraud You can't...
UWM Leads Refinance Market, Rocket Trails Far Behind
Here are the top 10 mortgage refinance lenders of 2025. No major surprises, with UWM taking #1 in both refis and overall, based on loan volume. Rocket came in a distant second, but still within reach of its crosstown rival UWM. Then you...
Core Deposits Are a Myth—Everything’s Movable
At this year’s Financial Brand Forum, Jim Marous and I did an episode of Pardon the Finterruption. During it, I said, somewhat nonchalantly: “The concept of core deposits no longer holds. There are no core deposits. They're all movable." Here's why: https://t.co/m0uQiifQLE
NVIDIA Explores Revolut's PRAGMA and Transaction Foundation Models
Watch our dicsussion w/ Georgios Kolovos, #NVIDIA's Payments and Fintech practice in EMEA, on 𝐑𝐞𝐯𝐨𝐥𝐮𝐭'𝐬 𝐏𝐑𝐀𝐆𝐌𝐀, 𝐓𝐫𝐚𝐧𝐬𝐚𝐜𝐭𝐢𝐨𝐧 𝐅𝐨𝐮𝐧𝐝𝐚𝐭𝐢𝐨𝐧 𝐌𝐨𝐝𝐞𝐥𝐬 & 𝐀𝐠𝐞𝐧𝐭𝐢𝐜 𝐁𝐚𝐧𝐤𝐢𝐧𝐠! Full discussion 👉 https://t.co/nJSsfnXgBH https://t.co/aR8XqBtoLW
Simplify Onboarding to Unlock Growth without Bigger Budgets
Growth is not always about new marketing or bigger budgets. Sometimes it is about removing friction. In this episode, I show how simplifying onboarding can transform results. 👉 Watch the full episode: https://t.co/5dcOvVfGgn https://t.co/JP2RsfesqE
Join Canada FinTech Symposium: Open Banking, AI, Digital Finance
Less than two weeks until the Canada FinTech Symposium 2026! If Open Banking, AI, and digital finance are part of your 2026 strategy, this is a conversation you don’t want to miss. Register Now 👉 https://t.co/ClXiwMnrfL @chyppings @CanadaSymp70327 https://t.co/BdNJ0ZlIK4
BNY Mellon Deepens Crypto Foothold in Abu Dhabi
BNY Mellon just expanded its crypto services in Abu Dhabi. The world’s biggest custody bank is now going deeper into digital assets in the Middle East. TradFi adoption keeps on growing. 🚀 https://t.co/3vHekGV0FY
Public Bank Leads Malaysian Banking Rally, Earnings Outlook Strong
Malaysian banks up today. Seeing plenty of buying interest. Financial Service index highest since end-March. All banks still below pre-War level (except AM). Best performer is Public Bank +3% to RM4.94, highest in almost 2 months. •1Q earnings release on 12...
Banks Hedge XRP Risk with Pre‑Negotiated Contracts
High XRP prices are not a problem for banks. They write it off under Section 179 as infrastructure or software. Beyond that, most already locked in pre-negotiated contracts with Ripple. Over 1,700 NDAs reportedly signed. Those agreements let institutions buy...
Latin American Banks Expose Customers to Fraud
Banks in Latin America are so dirty (Bancolombia, specifically). Criminals use the bank's phone networks and email servers to defraud people, and the banks won't assume responsibility and reverse charges. Pretty shocking in comparison to credit cards from American banks.