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Oct 11, 2026
OCC Assesses $350 Million Civil Money Penalty Against American Express
"The Office of the Comptroller of the Currency (OCC) today announced a cease-and-desist order and a $350 million civil money penalty against American Express National Bank, Sandy, Utah (bank), for deficiencies in the bank’s Bank Secrecy Act (BSA) and anti-money...
Meta Discusses Protocols for Agentic Commerce
"If agentic commerce takes off, and more transactional activity is undertaken by bots instead of human users, that could upend the entire web commerce model. It could erode direct connection between brands and their customers, remove upselling opportunities or even...
The Clearing House Targets Cross Border and Treasury as First Tokenized Deposit Use Cases
"In the past couple of weeks we have heard some of the architectural details about The Clearing House (TCH) interoperability solution for tokenized deposits that plans to launch in the first half of 2027. During a Sibos panel last week, Reena Verma, Head of Tokenized...
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