Search results for financial sector
Crypto
U.S. crypto Clarity Act clash pits Ripple CEO against JPMorgan\'s business model
Ripple CEO Brad Garlinghouse rebutted JPMorgan CEO Jamie Dimon over the U.S. Clarity Act, saying Dimon is distorting the bill and should be clearer about why he wants to keep the current system. The dispute focuses on a provision allowing platforms such as Coinbase to offer rewards to users who deposit stablecoins. Garlinghouse said JPMorgan opposes the bill to protect its existing business model. The bill has cleared a Senate committee vote but still needs final Senate approval.
Crypto
Jay Clayton, figure in XRP lawsuit, nominated for U.S. director of national intelligence
Jay Clayton (제이 클레이턴), the former U.S. Securities and Exchange Commission chairman who began an unregistered securities lawsuit against Ripple Labs over XRP, has been nominated as a candidate to lead the U.S. Director of National Intelligence. The nomination comes after opposition in Congress to a prior pick. Clayton is serving as Manhattan U.S. attorney and is reported to have been recommended by CIA Director John Ratcliffe.
AI & Enterprise
AI security technology surges to counter AI-driven attacks
Security companies are accelerating efforts to counter threats that exploit AI models, with momentum building around agentic AI-based security. Zscaler introduced two security products for AI agents and an AI Access Graph, while Check Point launched agent-based exposure validation. Concerns are rising over a “patch gap” as AI can find vulnerabilities and write attack code within hours. Companies including Rubrik, Samsung SDS and others also announced new products and partnerships.
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Finance
Household loans jump 9.3 trillion won in a month as regulators trigger emergency management
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Finance
Dcamp to share five startup cases linking financial services on June 24
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Finance
KakaoBank supplies 1.2 trillion won in mid to low credit loans using non-financial data
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Finance
Financial sector overhauls security and consumer protection for AX era
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Crypto
XRP overtakes bitcoin on Upbit as South Korea emerges as a core XRPL market
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Finance
Overdue debt collection practices to change after tax breaks on written-off loans
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Industry
China forms semiconductor alliance as Alibaba, CXMT join launch of huge fund
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Crypto
Japan\'s three megabanks to create joint stablecoin, seek issuance within 2026
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Finance
Won-dollar rate surges to 1,560, raising market jitters
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Finance
ELS fines cut to 600 billion won after local elections, financial policy in focus
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Finance
Agentic AI traffic targeting financial websites raises security challenges
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AI & Enterprise
AI framework act cannot stop Mythos, calls grow for resilience-focused regulation
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Finance
KB Financial donates 10 billion won cooperation fund for SMEs and small merchants
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Crypto
Ripple document touted as linking 500 banks is closer to technical guide, analysis says
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Finance
FSS to train consumer protection specialists with financial holding firms