Australia’s Westpac Bank has introduced an AI-powered tool designed to proactively combat scams, marking a significant step forward in fraud prevention within the banking sector. This new initiative […]
Westpac Leverages AI to Tackle Scammers in Australia
Australian banking giant Westpac has taken a proactive stance against online fraud, deploying an innovative AI tool developed by the bank’s internal team. This real-time solution aims to […]
€93,000 Crypto Stolen: Security Lapse at The Kingdom Bank Raises Concerns
The Kingdom Bank is under fire after a security breach allowed an unauthorized party to steal over €93,000 in cryptocurrency from a client account. Despite advertising strong security […]
Santander’s Stablecoin Push Signals a Move Towards Digital Finance
Traditional finance institutions are increasingly exploring the digital asset space. One of the most prominent examples is Santander, a major global banking giant, which is reportedly looking to […]
Santander Eyes Stablecoin Launch for Retail Crypto Services
Global banking giant Santander is exploring new avenues to offer crypto services to the general public, potentially including a stablecoin product. According to Bloomberg, the institution is considering […]
Deutsche Bank Invests in Stablecoins & Bitcoin for Retail Customers
Deutsche Bank has taken a bold step into the world of digital assets by launching a new team focused on bringing stablecoin and Bitcoin solutions to retail customers. […]
Bengaluru Set to Host Future Bank India Conclave 2025
India’s financial capital, Bengaluru, will host the Future Bank India Conclave 2025 on August 12. This event brings together banking, fintech, and policy leaders to discuss the future […]
Banking Groups Push Back Against SEC’s Cybersecurity Disclosure Rule
Major banking associations, including the American Bankers Association, have called for the repeal of the SEC’s four-day cybersecurity incident disclosure rule. They argue this rule hinders operational confidentiality […]
Donald Trump Jr. Explains Family’s Cryptocurrency Shift Following Banking Difficulties
In an interview with Foresight News, Donald Trump Jr. revealed his family’s transition into the cryptocurrency market following experiences of being ‘de-banked.’ This move stems from their encounters […]
Banking Groups Demand SEC Drop Cybersecurity Incident Disclosures
American banking and financial industry associations have urged the Securities and Exchange Commission (SEC) to repeal its cybersecurity incident disclosure rules. Five groups, including the American Bankers Association, […]
Banks Aim to Use XRP as the Foundation of Future Financial Systems
A new analysis by crypto commentator All Things XRP suggests banks are actively exploring how XRP can power a shift towards a more decentralized financial ecosystem. The post […]
U.S. Banks Eye Collective Stablecoin Venture Amidst Regulatory Uncertainty
Major American banks are exploring a potential collaboration to launch a shared stablecoin, according to the Wall Street Journal. Early-stage discussions involve entities linked to JPMorgan, Bank of […]
Major US Banks Explore Joint Stablecoin Issuance Amid Crypto Competition
US banks are considering a joint venture to launch a stablecoin, aiming to compete with the growing influence of cryptocurrency. While no official confirmations exist, discussions between institutions […]
JPMorgan and Big Banks Launch Shared U.S. Stablecoin Venture
Major U.S. banks are taking a significant step towards a future dominated by digital currency. JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are collaborating to create […]
Major U.S. Banks Team Up to Develop Joint Stablecoin
America’s largest financial institutions are taking a decisive step toward integrating digital currencies into their operations. JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo have initiated discussions […]