The Fed's shift toward crypto; nCino's strategy; biometric payments coming to a store near you

Master account policy tweak signals Fed shift toward crypto: Federal Reserve Chair Jerome Powell said reserve banks will no longer factor "reputational risk" into master account decisions. The crypto industry is encouraged by the commitment, but says more changes are needed.

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nCino grows through acquisitions as new CEO takes the reins: Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker.

Provident hires ex-TD exec as new chief lending officer: Provident Bank announces its new chief lending officer and other banking news in American Banker's weekly roundup.

Watchdogs to investigate DOGE Treasury payments access: The probes come at the request of Sens. Elizabeth Warren, D-Mass., and Ron Wyden, D-Ore., respectively the ranking members of the Senate Banking and Senate Finance committees.

JPMorgan, Ingenico test appetite for biometrics at checkout: The rollout of new technologies in point-of-sale retail payments in the U.S. has historically been slow, and consumer adoption of those new payment flows can be even slower. Can consumers' propensity for self checkout help push adoption?