Forward look: As the regulatory landscape for digital assets becomes clearer, it is vital that stablecoin reserves, custody and settlement services, and the provision of liquidity not be concentrated within a small number of companies. What’s at stake: If an increasing share of the digital dollars end up relying on the same banks, the same […]
Last week, the Depository Trust & Clearing Corp., better known as the DTCC, announced that it successfully ran a live pilot of its new blockchain-based trade-settlement system. The company and a bunch of banks and financial services — JPMorganChase, BlackRock, Goldman Sachs, Societe Generale, State Street, Nasdaq and the NYSE — took part, along with […]
The telecommunications company beat expectations on subscriber growth, free cash flow and profit.
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices were almost 4% higher on Wednesday morning following the 11th consecutive round of U.S. strikes against Iran overnight, as Secretary of State Marco Rubio said the Strait […]
“We’re seeing that core inflation number stay close to target, it’s telling us that this is a supply shock. It’s not an overheating economy. So raising rates wouldn’t actually fix the problem. It would actually do the opposite. It would slow down and act on an already fragile growth economy. So the rate decision to […]
Candid Health cofounder Doug Proctor spun his laptop around to show me a herd of wild horses grazing behind him in upstate New York during our first Zoom call. It was a fitting flex for two guys who built one of healthcare’s hottest infrastructure companies while deliberately staying out of the Bay Area bubble, dressed, […]
However, adoption is uneven across the industry with capital markets firms furthest along in implementation, while asset and wealth managers are still building out capabilities. Public market funds appear to be an early adoption point, with 80% of respondents expecting tokenized mutual funds and money market funds to matter within five years, compared with just […]
Personal Finance Updated: Wednesday, July 22, 2026, 15:13 [IST] The Kerala State Lotteries Department announced the DhanaLekshmi DL-62 lottery result on Wednesday, July 22, 2026. The draw is conducted at 3 pm in Thiruvananthapuram. Thousands of participants across Kerala are waiting for the results, as the weekly lottery offers a first prize of Rs 1 […]
Many banks do not document failure plans for Tier 1 models – Risk.net Skip to main content End of drawer navigation content Risk Benchmarking: Strong predeployment validation gives way to ad hoc escalation of breaches, even at some large lenders This piece is part of a series benchmarking bank model risk management practices. Risk Management […]
Business customers today have more ways to move money than at any point in recent memory. The arrival of near-instant payment networks like FedNow and RTP has expanded the menu of options, giving companies new ways to balance speed, cost, and security when making payments. In a PaymentsJournal Podcast, Darren Beyer, Chief Product Officer and […]