Kraken’s banking unit has won approval for a Federal Reserve “master account,” enabling it to move money on existing financial rails.

Stablecoins—and the yields they can offer—are at the center of a fight between the crypto and banking industries.

Artificial intelligence (AI) agents represent the next inflexion point in banking automation, shifting the paradigm from rule ...

Banks are trying to bring generative AI and agentic AI into core operations without breaking controls that are built for low error tolerance. In ...

Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with regard to ...