Global Banking Hits $1.3 Trillion Profit Peak Amid Rising Existential Threats
McKinsey's latest review reveals banking's paradox: record $1.3 trillion profits alongside unprecedented industry threats.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
McKinsey's latest review reveals banking's paradox: record $1.3 trillion profits alongside unprecedented industry threats.…
New editorial series highlights how fintech companies are transforming into infrastructure providers, marking a significant shift in the financial services landscape.…
JPMorgan Chase implements artificial intelligence to automate check processing, reducing manual labor and enabling staff to focus on complex decision-making tasks.…
Ramp's massive funding round and $44B valuation signals growing investor appetite for AI-powered financial management platforms.…
OCC leader Jonathan Gould resists political interference in World Liberty Financial's bank charter review, highlighting regulatory independence concerns in crypto banking.…
Illinois lawmakers advance groundbreaking 0.2% tax on cryptocurrency transactions, placing collection responsibility on registered brokers as part of FY2027 budget.…
Seven cryptocurrency tax bills mark the first time Congress will formally deliberate crypto taxation policy, with House hearing scheduled for Tuesday.…
Trump's $1 trillion valuation of Fannie Mae and Freddie Mac signals potential privatization that could fundamentally transform the US housing finance system.…
Tokenization platform Securitize advances toward public market debut after SEC declares SPAC merger filing effective with Cantor Equity Partners II.…
The Federal Reserve has begun collecting data from banks to better understand how their funding flows into private credit markets, signaling heightened regulatory scrutiny of the sector.…
House Ways and Means Committee circulates seven draft bills overhauling cryptocurrency taxation, specifically targeting stablecoins, staking, and lending sectors.…
Supreme Court ruling strengthens SEC enforcement by allowing disgorgement of illegal gains without proving actual investor losses, reshaping regulatory strategy.…