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As the Federal Deposit Insurance Corp.'s Deposit Insurance Fund inches toward replenishment, acting Chair Travis Hill suggested that banks should be assessed on a range of metrics rather than insured deposits alone.
May 20 -
Prepaid cards are finding new use cases in the hospitality industry, where tip disbursements have traditionally been cumbersome.
May 20 -
Months after OceanFirst Financial settled federal redlining allegations, it received the highest possible Community Reinvestment Act rating from the Office of the Comptroller of the Currency. CEO Christopher Maher said the bank made a "significant effort" to introduce its lending products to markets it had recently entered via acquisition.
May 20 -
A Northern California judge has ruled that Yotta must specify Synapse's role in alleged fraud, as well as details of the fraud.
May 20 -
The Senate's version of a stablecoin regulation bill cleared a key procedural hurdle as the Senate voted 66-32 to invoke cloture on the legislation. A final vote on the Senate floor is expected within weeks.
May 20 -
The Wall Street bank turned an idea from its Eaton Vance acquisition into a time-saving automation for responding to regulators' requests.
May 20 -
Goldman Sachs joins its Wall Street peers in expanding in the region to tap its deep pools of capital.
May 20 -
Active collaboration, both among fintechs and between the industry and regulators, is the surest route to a future in which compliance obligations address real threats while allowing companies to thrive.
May 20 -
Now that Capital One Financial's bid for Discover Financial Services is finalized, take a look back on the hurdles the deal faced across its 15 month marathon.
May 20 -
The technology company is using its marketing and commerce platform BentoBox to improve diners' experience, even as analysts question the growth of its signature Clover system amid a crowded market for point of sale services.
May 20