The Los Angeles-based lender will acquire $2.5 billion in commercial and commercial real estate loans and $2.7 billion in deposits, as well as eight branches in Southern California. The two also ...

Aligns with Hope’s Core Strategy to Enhance its Commercial Banking Capabilities Collaboration and Partnership Agreement with SMBC Positions Hope as a Premier Banking Partner to Middle Market Customers ...

The Bank of Korea and nine commercial lenders began phase two of a digital won pilot, testing bank-issued deposit tokens backed by central bank infrastructure to determine whether the system can ...

Online shopping was the leading real-world use case for crypto among Australians, followed by paying for services such as freelancing and video game purchases. More Australians reported using ...

Crypto just took a big step closer to becoming integrated into the mainstream financial system. Kraken’s banking unit has won access to the Federal Reserve’s core payment systems, making it the first ...

BOJ Governor Kazuo Ueda said the experiments will examine links between blockchain systems and Japan’s existing settlement infrastructure. The Bank of Japan will conduct technical experiments using ...

Ameriprise's institutional division has secured a deal to provide a host of financial services to support billions in client assets managed at Huntington Bank. Processing Content Columbus, Ohio-based ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Republic Bank's parent company ...

The Senate’s CLARITY Act would explicitly classify XRP as a non-security, removing years of legal uncertainty that kept institutional investors on the sidelines. The CLARITY Act stalled on January 15 ...

Banking giant HSBC and Singapore-based Ant International successfully connected Ant’s blockchain infrastructure to Swift’s network between HSBC Singapore and Hong Kong via HSBC’s tokenized deposit ...

This project demonstrates a Java Maven banking system Proof of Concept (PoC) consisting of multiple interdependent Git repositories. Each repository represents a separate module with clear Maven ...

America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday. CFO Jeremy Barnum weighed the potential impact of a credit card rate cap proposed by President Trump.