Debt

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...