Prefer Newsweek on Google to see more of our trusted coverage when you search. Changes to U.S. banking rules are taking effect, easing restrictions on banking activity that some regulators believe ...
Life and annuities insurer Athene borrowed nearly $23.3 billion from the Federal Home Loan Bank system in the US last year. The FHLB’s financial report for 2025 shows that Athene, which is owned by ...
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 ...
Since its inception in the 1960s, COBOL (Common Business-Oriented Language) has served as the backbone of global financial transaction systems. Valued for its stability and efficient processing ...
Fintech Revolut has acquired a full U.K. banking license after first applying in 2021. The U.K.-based startup hit a valuation of $75 billion in 2025 and is one of Europe's most valuable private tech ...
Replacing a bank’s core system is one of the most complex technology projects a financial institution can undertake. More banks are now trying to reduce reliance on older systems and change more of ...
When it comes to coding, peer feedback is crucial for catching bugs early, maintaining consistency across a codebase, and improving overall software quality. The rise of “vibe coding” — using AI tools ...
Crypto just took a big step closer to becoming integrated into the mainstream financial system. Kraken’s banking unit has won access to the Federal Reserve’s core payment systems, making it the first ...
Stablecoins that offer interest-bearing rewards may increasingly resemble bank deposits. But unlike traditional deposits, they lack the regulatory safeguards that undergird the banking system. That ...
The Senate’s CLARITY Act would explicitly classify XRP as a non-security, removing years of legal uncertainty that kept institutional investors on the sidelines. The CLARITY Act stalled on January 15 ...
GABORONE, January 26, 2026 – The World Bank’s Board of Executive Directors approved the Botswana Health Emergency Preparedness, Response and Resilience (HEPRR) Project, which will support the ...
MUMBAI, Jan 23 (Reuters) - The Reserve Bank of India on Friday unveiled measures to inject more than $23 billion liquidity into the banking system through a combination of bond purchases, buy/sell FX ...