Fintech and New Frontiers in Bank Innovation

The economy has changed significantly since the 2008 financial crisis, but regulation is holding back banks from fully engaging with those changes, Federal Reserve Vice Chair for Supervision Michelle Bowman said.

Central banks and other supervisory and regulatory authorities need to “raise their game” both as observers of the effects of artificial intelligence on the economy and as users of the technology, according to a new report by the...

Economic uncertainty could test U.S. banks’ revenues and profitability in 2026, and many institutions will likely need to make major decisions on stablecoins and artificial intelligence, according to a new report.

A federal appeals court ruled that the Federal Reserve is not obligated to grant a master account to a cryptocurrency firm, as the move would “impair the Fed’s ability to safeguard our nation’s financial system.”

Several policymakers raised concerns with media outlets in recent days about a loophole in the Genius Act that allows stablecoin issuers to avoid its prohibition on paying interest.

A federal court issued an order preventing the CFPB from enforcing its rule on financial data sharing while the bureau reassesses the regulation.