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The labor market was a bigger point of discussion in the Federal Reserve's most recent monetary policy-setting meeting, but officials were divided about the path of future actions.
26m ago -
The digital bank is also partnering with two pro pickleball leagues to court fans through a consistent presence at tournaments later this year.
29m ago -
Regulators from California, Massachusetts, Minnesota, Nebraska, New York and Texas levied the fine for anti-money laundering and Bank Secrecy Act violations, which comes as Wise seeks a banking license in the U.S.
31m ago -
U.K. regulators said Monzo didn't properly vet new customers, while Vocalink was dinged for risk management lapses. Also, Paxos launched a dollar-backed coin in the European Union; and more news in the weekly global payments and fintech roundup.
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The case has put chief information security officers on notice that they could be personally liable for false statements about security policies and practices.
1h ago -
Growth in conventional originations at U.S. banks came with the unexpectedly rapid rise of 30-year fixed interest rates in 2022, Federal Reserve researchers found.
2h ago