JPMorgan Chase's blockchain foray, how fintechs plan to fix falling valuations

Say what you will about cryptocurrencies and the winter they're experiencing during this hot summer. Blockchain is an entirely different story. One bank unit is working quietly on a series of applications for blockchain that could change how the financial system works. Read more: How JPMorgan is developing an internet of money

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How fintechs are responding to their falling valuations: Buy now/pay later lenders, digital payment providers and companies building "super apps" have suffered hits to their stock prices and valuations during the market slump, causing some to conduct layoffs. But most are pushing ahead with new products and services.

CFPB urges student loan servicers to help military personnel get debt relief: The Consumer Financial Protection Bureau said “time is running out” for military student loan borrowers to obtain debt relief under the Public Service Loan Forgiveness program.

House committee scuttles plans to take up stablecoin bill this week: Rumors of a bipartisan bill to set common standards for stablecoins have been circulating for more than a week, but any legislation will now have to wait until after the August recess.

While Congress talked, banks led on overdraft innovation: The text of the Overdraft Protection Act hasn’t changed in 10 years, but the banking industry has shifted dramatically.

New NCUA rule sharpens regulator's focus on largest credit unions: The National Credit Union Administration voted to raise the asset threshold for credit unions falling under its Office of National Examinations and Supervision to $15 billion, making sure that office remains focused on only the biggest institutions.