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Last update: 8 hours ago

Crypto Bill Showdown: U.S. Senate Banking’s Thursday markup of the CLARITY Act is heating up as Democrats file 100+ amendments, pushing ethics language and tighter rules around illicit finance and stablecoin use. Banking Courts: Nigeria’s Chief Judge John Tsoho urged judges to balance urgency and fairness in bank resolution and insolvency cases, warning inconsistent actions can erode confidence. SME Credit Push: Pakistan’s PM Shehbaz ordered “easy” bank loans for women entrepreneurs and SMEs, plus support for exports. Payments Upgrade: Pakistan’s NEPRA now lets regulated fees be paid via digital channels, not just banking instruments. Cybersecurity Alarm: Japan’s megabanks are set to gain access to Anthropic’s Mythos after fears it could expose new software-security risks. Consumer Banking Detail: The UK’s Nationwide will let customers hide payment references on incoming transfers to curb economic-abuse harassment. Reserves Under Pressure: Asia’s FX reserves are sliding as oil-price shocks from the Iran war force currency defense spending.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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Banks Are Moving to a Dual Workforce Model, nCino’s Inaugural AI in Banking Benchmark Shows
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Ruth Turkington promoted to Executive Vice President, Chief Banking Officer at Fidelity Bank
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