Melinda Huspen covers technology for American Banker and is based in New York, NY. Previously, she was a business reporting intern with Digital Insurance via the Dow Jones News Fund. She is a graduate of Fordham University with a major in communications/journalism and a minor in business.
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The newly opened bank founded by big tech executives reached the deposit milestone within its first quarter of operations, according to a recent call report.
May 6 -
The payments company said payment volume increased, but net income decreased compared to 2025.
May 5 -
The company is officially releasing a digital asset product that it first announced back in October.
May 4 -
The president's son has seemingly cut ties with the digital asset fintech ALT5 Sigma, whose shares lost 90% of their value after purchasing the tokens.
April 30 -
The digital bank and lender did not increase its full-year outlook in anticipation of an interest rate freeze.
April 29 -
The investment firm's Alternatives division comprised a majority of the online lender's $60 million Series C funding round.
April 28 -
There's been an onslaught of nonbank financial technology company charter applications and approvals already this year.
April 28 -
James filed a pair of lawsuits against Coinbase and Gemini arguing that they violated New York's sports gambling laws.
April 22 -
The credit startup is seeking a limited-purpose charter from federal regulators through the Competitive Equality in Banking Act's credit card bank carveout.
April 21 -
Slash Financial, a fintech originally founded for sneaker resellers, closed a Series C funding round and launched an AI assistant for digital-native business customers.
April 20 -
The stablecoin provider recently applied for a national trust bank charter from the OCC after acquiring a New York trust charter last year.
April 16 -
Nir Zuk, who founded cybersecurity firm Palo Alto Networks and retired from the firm last year, has applied to acquire voting shares in Liberty Bank, N.A.
April 15 -
The deal between OpenAI and personal financial management startup Hiro Finance, the second of its kind for the AI company, will lead to the sunset of the Hiro platform next month.
April 15 -
The tokenization platform provider, which has a nonbinding agreement with NYSE and is aiming for a public debut, promoted former SEC Trading and Markets Director Brett Redfearn to the role.
April 10 -
The payments processing firm recently filed for Chapter 7 bankruptcy with a nearly $3 million disputed charge owed to a subsidiary of Global Payments.
April 9 -
The one-click checkout fintech, which launched its own "super app" last year, reduced its current workforce by about 30% last week.
April 7 -
The cryptocurrency exchange is the latest digital asset firm to receive a trust bank charter from the Office of the Comptroller of the Currency.
April 2 -
The digital bank launched Big Business Banking, an interface for businesses to manage fiat and crypto assets in the same place and conduct 24/7 transactions.
April 2 -
The French crypto wallet company is expanding into the U.S. and growing its institutional enterprise offerings as new regulation opens opportunities for digital asset investment.
March 26 -
Kalshi and Polymarket announced additional anti-insider trading guidelines as lawmakers announced multiple bills aimed at restricting the platforms this week.
March 25
