Alex JimenezLawmakers spar over payment rails
House members on Wednesday debated the Payments Access and Consumer Efficiency Act, which would expand Federal Reserve services access.
https://www.paymentsdive.com/news/lawmakers-spar-over-payment-rails/823773/
Big banks breeze through Fed’s stress test
But the results don’t affect banks’ minimum regulatory capital requirements this year, in light of the central bank’s freeze of 2025 stress capital buffers.
https://www.bankingdive.com/news/big-banks-breeze-through-fed-stress-test-capital/823786/
Technology | The Guardian US‘Crypto v community’: 4,000 local US lenders join forces to fight ‘stablecoins’ law https://www.theguardian.com/technology/2026/jun/28/crypto-v-community-local-lenders-fight-stablecoins-law #Cryptocurrencies #Ecommerce #Technology #Internet #Banking #Business #TrumpAdministration #UsEconomy #UsPolitics #UsNews #Economics #Fintech
Lost your crypto access code? Be wary, there‘s a scam for that too https://www.theguardian.com/money/2026/jun/28/scam-watch-panic-thats-just-what-fraudsters-are-waiting-for-to-steal-your-crypto-data #Cryptocurrencies #Money #Scams #ConsumerAffairs #Ecommerce #Technology #Banking #UkNews #Business
Capital One aims to be ‘steady partner’ amid Texas consolidation
With so many banks angling to serve Texas businesses, it’s “a difficult market to compete in,” said the president of the lender’s corporate banking segment.
How #AgenticCommerce fuels Visa's 'services' push
Visa in the past week has entered collaborations with #AI-focused and stablecoin payment technology firms.
CFPB overhauls complaint system to curb ‘abuse’
Citing a dramatic increase in credit reporting complaint volume, the bureau said its fixes would “restore integrity” to the system. But consumer advocates have a different opinion.
https://www.bankingdive.com/news/cfpb-overhauls-complaint-system-credit-reporting/823865/
CFPB overhauls complaint system to curb ‘abuse’
Citing a dramatic increase in credit reporting complaint volume, the bureau said its fixes would “restore integrity” to the system. But consumer advocates said changes will make it increasingly difficult for consumers to get help from the agency.
Are fears of #AI taking jobs overblown?
The narrative that AI is taking jobs is not supported by any systematic evidence, according to Tania Babina, an associate professor of finance at the University of Maryland's Smith School of Business.
https://www.americanbanker.com/payments/news/are-fears-of-ai-taking-jobs-overblown
Are fears of AI taking jobs overblown?
CEOs of payments companies and fintechs such as Block and Bolt have pointed to AI as a driving force behind layoffs at their organizations. But Tania Babina, an associate professor of finance at the University of Maryland's Smith School of Business, says there is no systematic evidence that AI is taking jobs.
CybarbieRE: https://masto.ai/@Nonilex/116822495189502979
#digitalsovereignty #banking #défense all of it. Europe and the ROTW must silo off the US as a matter of some urgency. There is no going back. I guess we have Trump to thank because the threat was always there, we just had never considered it before in our wildest dreams.
Two Southeast banks to merge in $163M deal
When it buys First Reliance, Colony Bank will become the largest sub-$10 billion-asset bank headquartered in Georgia or South Carolina, the acquirer said.
https://www.bankingdive.com/news/two-southeast-banks-merge-163m-deal/823896/
