An unpatched vulnerability in Anthropic's Model Context Protocol creates a channel for attackers, forcing banks to manage the ...

Former World Bank President David Malpass predicted Sunday that Iran’s economy could collapse into a “barter system” as the country’s financial crisis worsens amid the conflict with the U.S. and ...

Key insight: The Office of the Comptroller of the Currency is pulling a requirement that banks above $100 billion in assets provide detailed recovery plans. Supporting data: The agency argues the ...

A top banking regulator is on the verge of letting crypto firms become banks. Banks aren’t happy about it. Jonathan Gould, one of the country’s most powerful banking regulators, has given the green ...

As the U.S. military expands its use of AI tools to pinpoint targets for airstrikes in Iran, members of Congress are calling for guardrails and greater oversight of the technology’s use in war.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The deal establishes a family ...

If there’s one universal experience with AI-powered code development tools, it’s how they feel like magic until they don’t. One moment, you’re watching an AI agent slurp up your codebase and deliver a ...

CHEYENNE, Wyo.--(BUSINESS WIRE)--Payward, a unified financial infrastructure platform powering Kraken, today announced that Kraken Financial, its Wyoming-chartered bank, has been granted a Federal ...

Edward Jones has gained the approval to launch a chartered bank and loan company for its more than 20,000 financial advisors, their clients and its own venture capital arm. The firm announced Friday ...

The Treasury Department on Thursday threatened to cut off MBaer Merchant Bank AG’s access to U.S. financial institutions over the Swiss bank’s alleged ties to sanctioned Iranian and Russian actors.

WASHINGTON/ZURICH, Feb 26 (Reuters) - The U.S. Treasury handed Swiss private bank MBaer Merchant Bank AG a potentially crippling blow on Thursday by threatening to sever its access to the U.S.

Banking licenses have become the new battleground in the stablecoin economy. From a stablecoin issuer and a US asset manager to a Japanese multinational conglomerate and a European fintech affiliate, ...