Finastra has sold its Universal Banking (UB) global core banking software business to UK-based private equity firm Pollen Street Capital. Financial terms of the deal were not disclosed. FIS (NYSE: FIS ...

PADUCAH, Ky., June 02, 2026--(BUSINESS WIRE)--CSI, a leading provider of end-to-end financial software and technology, today announced that CSI NuPoint®, the company's flagship core banking platform, ...

Major U.S. banks, including JPMorgan, Citi and Bank of America, plan to establish a shared tokenized deposit network by mid-2027, operated by the Clearing House, according to the Wall Street Journal.

Federal Reserve Chairman Kevin Warsh has tapped two outside associates to advise him while he settles into the job, one of whom previously helped write a conservative blueprint that recommended a ...

The company showed off two devices at Build: a desk concept and a badge concept. The company showed off two devices at Build: a desk concept and a badge concept. Microsoft just announced “Project ...

Supervisory ratings for large banks climbed as a result of the Federal Reserve's new oversight framework. Roughly 80% of large financial institutions — those with more than $100 billion of assets — ...

Financial regulation "cliffs," such as the one imposed by the Durbin Amendment, create terrible incentives. Congress should step in and reform the various measures that rely on such imprecise triggers ...

The largest U.S. banks plan to launch a tokenized deposit network next year, an attempt to stave off threats from crypto companies that are seeking to wade deeper into their territory under President ...

Starting August 23, 2025, Bank of America is rolling out a significant update to how customers make payments to their personal Bank of America credit cards via online and mobile banking. The overhaul ...

Microsoft has been deeply committed to the growth of generative AI technology in recent years through its now-fragmented partnership with OpenAI. At Build 2026, the company remains all-in on AI, and ...

The team behind World Liberty Financial, the Trump family's new crypto project, have unveiled a key detail: Who can buy the forthcoming tokens it plans to release, and how shares will be allotted.

Jeanne Gobat is a Senior Economist in the IMF’s Monetary and Capital Markets Department. Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect ...