Visa says it will allow US banks to settle transactions using Circle's USDC stablecoin over Solana, the US' first full deployment of a stablecoin settlement
Emily Mason / Bloomberg :
Banking tech vendor SitusAMC says it suffered a November 12 hack that could expose sensitive customer data; sources say JPMorgan, Citi, and others are impacted
On November 12, 2025, SitusAMC ("we" or the “Company") became aware of an incident … Connor Jones / The Register : Intrusion at real estate finance biz sparks concern for big banks Eric Geller / Cyber...
JPMorgan Chase: debt tied to AI-related companies hits $1.2T, making it the largest segment in the investment-grade market at 14%, surpassing US banks at 11.7%
The amount of debt tied to artificial intelligence has ballooned to $1.2 trillion, making it the largest segment in the investment-grade market … Bluesky: @waldo42 Bluesky: Waldo / @waldo42 : This see...
UK fintechs like Revolut and Starling step up plans to buy US banks to get US licenses for lending in all 50 states, as regulators ease M&A rules under Trump
Revolut and Starling among start-ups weighing acquisition of nationally chartered banks — British fintechs are stepping …
Shopify CEO Tobias Lütke, Tyler and Cameron Winklevoss, and 80+ fintech and crypto CEOs urge Trump to block US banks from charging fees to access customer data
Top fintech and crypto executives urged the Trump administration to block US banks from charging fees for access to customer data …
An in-depth look at how foreign scammers use US banks to facilitate large-scale transfers of funds stolen from victims of “pig butchering” scams overseas
- Struggling Gatekeepers: In the face of some $44 billion a year in pig-butchering scams conducted by Asian crime syndicates …
Sources: Elon Musk verbally guaranteed some US banks that they would not lose money on the Twitter deal; banks face serious losses on the “uninvestable” debt
it felt way too nerdy. Bluesky was unhinged in a cringy way. Threads, however, feels just right. It seems at least right now (no guarantee it'll be like this forever), people try to be nice. Engag...
Sources: Musk gave verbal guarantees to some US banks that they would not lose money on the Twitter deal; banks face serious losses on the “uninvestable” debt
Banks are facing serious losses on the debt as social media platform's business deteriorates
Sources: one year after lending Elon Musk $13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell
Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount
Sources: Tether added Britannia Bank & Trust, a privately held bank operating in the Bahamas, to process dollar transfers, as US banks cut crypto ties
Bloomberg :