banking security News

Banks Push for Power to Freeze Suspect Accounts in Fight Against Rising Cyber Fraud

Banks are seeking the authority to freeze accounts involved in cyber fraud without prior authorization to combat the misuse of mule accounts for laundering illegal funds. Proposals...

President Trump Advocates for Groundbreaking Stablecoin Legislation in Congress

At the 2025 Digital Asset Summit, President Donald Trump urged Congress to pass legislation for stablecoins, emphasizing the need for regulatory clarity to enhance banking security...