July, 2025

July, 2025

Financial Services ‘Most Breached Industry’ Amid Data Leak Surge
The number of data breaches in the United States is on track to reach a record high in 2025, with financial services being the “most breached industry,” according to the Identity Theft Resource Ce...

Ripple and Ctrl Alt Team to Support Real Estate Tokenization
Blockchain company Ripple has launched a partnership with tokenization infrastructure platform Ctrl Alt. [contact-form-7] The collaboration, announced Wednesday (July 16) will see Ctrl ...

Bank of America Says ‘Resilient’ Consumers Help Boost Revenue
Healthy consumer spending helped buoy Bank of America’s revenues in the second quarter. [contact-form-7] The banking giant reported quarterly earnings Wednesday (July 16) showing a consume...

PNC Says Growth Markets and ‘Tariff-Related Considerations’ Drive Surge in Commercial Loans
PNC Financial Services Group generated its highest level of new commercial loan production in 10 quarters during the second quarter, PNC Chairman and CEO William S. Demchak said Wednesday (July 16)...

Citi, JPMorgan Tell Investors Stablecoins Core to Future Payments Strategy
The popular topic from this week’s big bank earnings isn’t merger and acquisition activity or net interest margins. It’s stablecoins and tokenized money. [contact-form-7] During their ...

Google Adds Simplified Unsubscribe Feature to Gmail
Google has added a feature to make it easier for Gmail users to unsubscribe from emails. [contact-form-7] The company’s recently announced “Manage subscriptions” tool lets users view a...

Commerce Bancshares Says FineMark Acquisition Will Support Wealth Management Growth
Commerce Bancshares said Wednesday (July 16) that it expects its planned acquisition of FineMark National Bank & Trust to support its efforts to grow its wealth management business. [contact-form-...

Lloyds Bank Rolls Out Generative AI Tool Athena
Lloyds Banking Group reportedly has rolled out a new generative AI-powered knowledge hub to reduce the time it takes employees to find information and respond to customer queries. [contact-form-7]...

Estée Lauder Targets Younger Consumers in New Digital Push
Estée Lauder is reportedly embarking on a new online retail push to reinvigorate slumping sales. [contact-form-7] That’s according to a report Wednesday (July 16) by The Wall Street Jo...

Barclays Slapped With $56 Million Fine for Anti-Money Laundering Failures
The United Kingdom’s Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. [contact-form-7] The fine covers two cases that de...

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