Advanced search


SAN FRANCISCO—Count Wells Fargo as another of the big banks saying “no” to cryptocurrency purchases on its credit cards. The bank recently announced a ban on the purchase of Bitcoin and similar currencies using its credit cards.

WASHINGTON—The Federal Trade Commission (FTC) will hold a series of public hearings to discuss data privacy, technology and competition in an effort to deter unfair and deceptive conduct related to data collection.

TOKYO—Seven Japanese regional banks have teamed up to create a financial technology research company that aims to leverage AI and robotic process automation (RPA) technologies to survive declining loan demand and ultralow interest rates that have pushed banks into partnerships and consolidation just to stay afloat.