PayPal expands stablecoin; Barclays pivots from merchant acquiring
The payment company is using its Xoom transfer app to bring PYUSD to a broader market; while Barclays is reportedly in talks with Brookfield Asset Management to sell a portion of its payments business. That and more in our global payments news roundup.
Ally’s new CEO starts assembling his team of top executives
A new chief risk officer was among the appointments announced Wednesday, as CEO Michael Rhodes began to put his imprint on Ally.
What the Trump administration will mean for wealth managers
Whoever is named SEC chair by the president-elect is likely to take a lighter hand on crypto, AI and "regulation by enforcement."
Fed’s Bowman: Chevron reversal will ‘positively’ change rules
The Federal Reserve governor said the Supreme Court ruling could bring needed transparency and efficiency to regulatory policymaking.