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A pullback by the buyers of Upstart's consumer loans led to a "challenging year," CEO Dave Girouard told analysts. But he added that the company is in "late-stage discussions" with partners that are looking to make longer-term commitments.
February 15
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A community bank in Missouri plans to offer fractional stock rewards later this year, while a small bank in Utah is winding down a similar program.
February 15
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The Securities and Exchange Commission has proposed an expansion of its "qualified custodian" requirements to cover a range of assets, including virtual currencies. The planned changes to those long-standing rules might hit the crypto industry particularly hard.
February 15
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More blockchain projects are attempting to sell hard assets including U.S. Treasuries, currencies and even private equity.
February 15
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The Federal Deposit Insurance Corp. told a group of cryptocurrency platforms to stop making false claims that their crypto assets are insured.
February 15
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United Arab Emirates plans to launch a central bank digital currency this year; Adyen adds travel payment cards; and more.
February 15
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Sen. Elizabeth Warren, D-Mass., specifically called out acting Comptroller of the Currency Michael Hsu, saying that he "needs to learn how to say no to anticompetitive bank mergers."
February 15
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Travel disruptions make it crucial for hospitality providers to handle bookings, cancellations and postponements — and the underlying payments and refunds — with ease. Software vendors are tailoring their products to address the needs of this and other niches.
February 15
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The San Jose credit union elevated Lisa Pesta, who joined the company in 2000, to replace the retiring Julie Kirsch.
February 15
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The banking industry appears to be stuck when it comes to diversifying the leadership ranks.
February 15
RSF Social Finance
