Third-party services charge fees to help renters bypass some upfront costs of signing a lease. Unlike traditional deposits, the money won’t be returned to tenants. By Ann Carrns As renters struggle to ...

The Texas Bankers Association announced this month that it will give member banks structured access to tokenized deposit technology through its Innovation Magnet program, partnering with San ...

You walk into your bank with a thick envelope of cash, you hand it to the teller, and everything feels normal. But behind the scenes, a few extra switches flip. This is what actually happens when you ...

A Nashville International Airport-area building once home to a SunTrust Bank client contact center has sold for $11 million, with the new owner one of the nation’s larger commercial and multi-family ...

Tokenized deposits are blockchain versions of real bank deposits. They are fully regulated, on-balance sheet and potentially safer than stablecoins. BNY, Citi, HSBC, JPMorgan and others are racing to ...

Newport World Resorts, formerly Resorts World Manila, is benefiting from a post-pandemic tourism boom. Travellers International Hotel—controlled by billionaire Andrew Tan’s Alliance Global—is taking ...

Some wrongly believe stablecoins are bank deposits in disguise. Yes, they’re deposits — but not bank deposits. And that makes all the difference. Some have argued — wrongly — that stablecoins are just ...

Bank runs, events where large numbers of depositors withdraw funds, contributed to the 2023 failure of First Republic Bank. Reciprocal deposits are an emerging tool for preventing future runs. Bank ...

In 2019, SunTrust Bank and BB&T Bank merged to form Truist, becoming the sixth-largest commercial bank in the United States at the time. Truist offers a range of banking services from personal to ...

Passersby on Warwick Boulevard may have noticed the demolition of the five-story structure known as the SunTrust building at the Christopher Newport University campus in Newport News. Soon, the ...

Law360 (October 22, 2024, 4:23 PM EDT) -- SunTrust Bank urged the Georgia Court of Appeals on Tuesday to overturn a trial court's denial of summary judgment in a decade-long class action alleging the ...

Tokenized deposits and stablecoins may sound like the same thing, given that they are both fiat-on-chain. But they are actually distinct concepts, and the difference matters not just for use cases and ...