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Subhankar Sinha, the bank’s new head of blockchain, says its partnership with Bakkt is part of a larger effort to figure out what it would look like to be a custodian for digital assets.
June 3
- LIBOR
Although Libor will will not be phased out until at least 2021, Randal Quarles said making the switch early is "consistent with prudent risk management."
June 3
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Open banking or connections to payment apps and fintechs helps financial institutions meet these customer needs in a number of ways that can help them build that customer relationship, writes Maria Allen, global head of financial services for Unisys.
June 3
Unisys -
Critics have knocked the product, which provides workers access to their wages before payday, as another form of predatory lending. But California has a new bill that would create a legal framework for this short-term lending alternative, and policymakers elsewhere should follow the state's lead.
June 3
Nevcaut Ventures -
Kevin Fitzsimmons and David Bishop switched jobs shortly after FIG Partners sold to Janney Montgomery Scott.
June 3
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Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.
June 3
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The credit union movement is uniquely positioned to partner with the U.S. Postal Service as a way to increase consumers' access to affordable financial services.
June 3
Defense Credit Union Council -
A former Wall Street lawyer who worked on bank bailouts is behind the idea; threatened tariffs are only one of the country’s problems, Citi CEO says.
June 3
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The information you need to start your day, from PaymentsSource and around the Web. Today: Banks field fintech pitches; Revolut hires PR expert; Ripple tests restaurant payments in Tokyo; German bank official bases blockchain.
June 3
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Stripe has launched Chargeback Protection through its machine-learning fraud prevention system called Radar.
June 3
