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Swift’s Blockchain Ledger Opens New Possibilities for Global Payments
Swift has launched a blockchain-based ledger, allowing 17 international partner banks to send cross-border payments using tokenized deposits as the...
N.C. Banks Can Freeze Some Payments for 30 Days
Banks in North Carolina now have expanded authority to delay certain customer transactions if they suspect financial exploitation. The new...
Illinois Becomes First State to Tax Crypto Transactions
Illinois has become the first state to tax digital asset transactions, creating a new cost that could apply every time...
Apple Resumes Card Payments in India Following RBI Rule Changes
After a five-year hiatus brought on by disputes with the Reserve Bank of India (RBI), Apple is quietly beginning to...
Rhode Island’s Self-Checkout Law Could Become a National Model
As the first state to enact staffing requirements for self-checkout lanes, Rhode Island is becoming a test case for the...
The Dilemma Facing Financial Institutions: Aggregate or Be Aggregated
Many consumers have a mortgage at one bank, a credit card at another, and retirement accounts elsewhere. Amid this fragmented...
Robinhood Goes All-In on Digital Assets with a Slew of Initiatives
Robinhood built its brand by making investing more accessible, a strategy the fintech is now extending to crypto. At a...
UK Banks Bring Swift’s Cross-Border Payments Push to Consumers
Swift is making its first major push into consumer payments, with Barclays, HSBC, Lloyds Bank, and NatWest becoming the first...
Visa Destinations: Experience Is Everything
It is hard to imagine traveling anywhere without a Visa in your wallet or purse—or an American Express or Mastercard,...
Apple Speeds Up Security Patches in Race to Beat AI
AI-driven malicious activity is pushing Apple to speed up how it delivers software updates. Instead of holding security fixes for...
Tencent’s TenPayGo Connects Foreign Payments to WeChat Pay
Tencent is preparing to make China’s digital payments ecosystem more accessible to international travelers with a new app designed to...
How Banks Are Fighting the Scourge of Money Mules
Money mule activity, long associated primarily with money laundering, now fuels a wide range of scams, including identity fraud, payment...