The Federal Reserve is seeking public comment on a rule change that would let U.S. banks route FedNow transfers through third-party intermediaries for the first time, unlocking a path for instant payments to connect with international networks. The Federal Reserve Board has opened a public comment period on a proposal that would structurally expand how FedNow , the Fed's real-time gross settlement network, can be used. Under current rules, a FedNow transfer is limited to two

FinanceX Magazine is pleased to announce its official media partnership with Wealth Management EDGE 2026 , the industry's largest gathering of senior financial advisors and wealth management decision-makers. Taking place 9 - 11 June, 2026, at The Boca Raton Resort in Boca Raton, Florida, the event stands as the premier destination for RIAs, broker-dealers, family offices, and institutional investors seeking actionable insights across investment strategy, technology, and busin

The World Economic Forum flags face-swapping tools bypassing biometric checks, Sift's Q1 2026 index shows fraud shifting upstream to account takeover, and DORA enforcement is finally biting, welcome to the new frontline of financial cybersecurity. Here's a number that should keep every compliance officer awake at night: $5. That's roughly what it costs a cybercriminal to purchase a deepfake image capable of bypassing standard biometric onboarding checks. Welcome to 2026, whe

The platform vendor's Model Context Protocol server gives U.S. banks and credit unions 19 pre-built tools to wire AI assistants directly to core functions - fraud workflows, card controls, and account management - without custom integration work. AI in banking is moving from the chatbot layer to the core. Nymbus , which powers core banking infrastructure for U.S. community banks and credit unions, announced on April 9, 2026 the availability of its Model Context Protocol (MCP)

The U.S. stablecoin industry now has its first formal anti-money laundering compliance roadmap. On April 8, 2026, FinCEN and OFAC jointly released a proposed rulemaking that would formally classify permitted payment stablecoin issuers (PPSIs) as financial institutions under the Bank Secrecy Act , triggering the full weight of BSA obligations, including AML program requirements and mandatory sanctions compliance. The rule implements provisions of the Guiding and Establishing

Circle abstracts the entire digital asset stack - custody, compliance, blockchain infrastructure - so institutions can settle in USDC while only ever touching fiat. The question is whether this is the unlock the mainstream payments industry has been waiting for. Circle Internet Group has launched CPN Managed Payments , a fully managed stablecoin settlement layer that allows payment service providers, banks, fintechs, and global platforms to access USDC -base d cross-border s

The Athens-listed group's acquis ition of Contemi Solutions is complete, and the integration targets a UK wealth management sector under simultaneous pressure from FCA reform, T+1 migration, and legacy infrastructure debt. Profile Software has complet ed the full integration of Contemi Solutions into its UK investment management business, following the 2 February 2026 acquisition of 100% of Contemi Solutions (London) UK Ltd. The move consolidates two decades of UK-specific

We are delighted to announce that FinanceX Magazine has been named an official media partner of the Balkan Payment Forum 2026 , one of the most strategically significant payments and fintech gatherings in Southern Europe. Scheduled for May 14, 2026, at the Rogner Hotel Tirana in Tirana, Albania, the Forum represents a landmark moment for the regional payments ecosystem, and we are proud to be part of it. What Is the Balkan Payment Forum? The Balkan Payment Forum is a high-lev

The U.S. Federal Deposit Insurance Corporation has approved a proposed rulemaking that would set binding prudential standards for bank-supervised stablecoin issuers, marking a decisive step toward embedding digital dollar instruments inside the regulated banking system. The FDIC board's April 7, 2026 vote advances a framework that would govern reserve assets, redemption rights, capital requirements, and risk management for FDIC-supervised permitted payment stablecoin issuers