Regional banks face stablecoin deposit risk, Tassat CEO says
Glen Sussman said stablecoin reserves could pull deposits from smaller lenders if the market grows to $5tn-$10tn.
By Rafael Ortiz 3 weeks agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
Enterprise AI agents governance should limit authority, Flagright CTO says
Flagright CTO Madhu G. Nadig says firms should delegate AI decisions only within auditable rules, especially in payments complianc...
By Rafael Ortiz 3 weeks agoEmbat Global Banking launches for mid-market treasury teams
Embat has launched Global Banking, adding local IBANs, ERP links and FX hedging as it appoints Álvaro Dexeus to lead the product.
By Rafael Ortiz 3 weeks agoMiCA regulation review targets stablecoins and tokenisation in EU
The European Commission is reviewing MiCA as stablecoins, tokenised assets and DeFi test the EU’s crypto rulebook.
By Rafael Ortiz 3 weeks ago
Gas prices lead labor economy workers to miss shifts, PYMNTS finds
PYMNTS Intelligence says 17% of affected lower-paid workers missed work as transport costs strained already limited cash buffers.
By Rafael Ortiz 3 weeks ago
AI procurement negotiations spread as governance lags adoption
Walmart, Maersk and Vodafone are using AI agents for supplier deals, while MIT and WEF research flags new tactics and oversight ga...
By Rafael Ortiz 3 weeks agoFinancial services IT vendors listed as DORA raises outsourcing scrutiny
Parminder Saini names eight banking and insurance IT providers as regulation, payments modernization and AI lift outsourcing deman...
By Rafael Ortiz 3 weeks agoRevolut growth strategy draws scrutiny after £4.5bn revenue year
Fintech Wrap Up’s Sam Boboev says Revolut’s 2025 metrics show growth from users, ARPU expansion and capital-efficient operations.
By Rafael Ortiz 3 weeks agoUpstart Bank approval from OCC advances fintech lender’s charter plan
Upstart has received OCC conditional approval to form Upstart Bank, with FDIC deposit insurance and Fed holding company reviews st...
By Rafael Ortiz 3 weeks ago
FIS digital money strategy centers on bank networks and tokenized deposits
FIS executive David Trecker says banks should prepare for stablecoins, CBDCs and tokenized deposits to develop side by side.
By Rafael Ortiz 3 weeks agoAgentic payments audit trail needs identifiers before ledgers, strategist says
Aaron Cheiffetz says banks should add stable join keys to agentic payment records before scaling automated transaction flows.
By Rafael Ortiz 3 weeks ago
DeepSeek funding round paused before planned IPO, Bloomberg reports
DeepSeek has reportedly suspended a second fundraising after targeting at least $1.4 billion and a $70.8 billion pre-money valuati...
By Rafael Ortiz 3 weeks ago