The EU’s top court ruled that being listed on a U.S. sanctions list (OFAC) does not in itself justify refusal to open a basic bank account in the EU; banks must assess anti-money laundering and ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. TEHRAN, IRAN - MARCH 8: Plumes of smoke rise over the oil depot tanks hit by joint ...

Three forces – spreads, speed and optimization – are reshaping how banks think about liquidity, and together they mark a shift from passive defense to active balance sheet management. Regulators are ...

Temenos, a global leader in banking technology, today announced that Bank ABC, one of MENA’s leading international banks, has successfully migrated its digital mobile-only ila Bank onto Temenos’ Core ...

Dutch fitness giant Basic-Fit announced that hackers breached its systems and gained access to information belonging to a million of its customers. The company operates the largest gym chain in Europe ...

UBS has received final approval for a U.S. national charter from the Office of the Comptroller of the Currency, two of the bank’s top executives said in a video Friday posted to LinkedIn. “This ...

The Bank of Japan is testing blockchain technology for settlements that use tokenized central bank reserves. The Bank of Japan is moving to place central bank reserve money onto blockchain ...

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 Treasury Department on Thursday threatened to cut off MBaer Merchant Bank AG’s access to U.S. financial institutions over the Swiss bank’s alleged ties to sanctioned Iranian and Russian actors.

The U.S. Treasury Department on Thursday said it’s proposing to sever a Swiss bank from the U.S. financial system over alleged illicit ties to Russia and Iran. Treasury Secretary Scott Bessent said ...