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Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system.
January 7
Cato Institute -
Organizers are planning to raise up to $25 million for Tandem Bank.
January 7
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A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.
January 7
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Linda Lacewell replaces Maria Vullo as New York’s chief financial regulator; the Swiss bank is reportedly talking to Christian Meissner about a senior role.
January 7
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The information you need to start your day, from PaymentsSource and around the Web: New York's plans for crypto; Phillips 66 in-car payments; U.K. contactless fraud; and more.
January 7
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More companies are adding financial health programs to their benefits, creating a market that fits with one of the common uses consumers have found for prepaid cards.
January 7
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Providing access to accounts in a disorganized or incongruent manner could endanger PSD2’s opportunities for the entire market, according to Shahrokh Moinian, global head of cash products and cash management at Deutsche Bank.
January 7
Deutsche Bank -
Two trends — competition from challenger banks and the emergence of real-time payments — threaten to eat away at the fees banks collect on overdrafts and bounced checks.
January 6
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The coming year will bring a wave of data-sharing deals between banks and fintechs, increased bank use of automated advice, marked changes to financial jobs as a result of automation, and much more.
January 6
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Before the financial crisis, federal and state regulators unabashedly pitched their charters to banks as the better choice. That's happening again, despite warnings that such jousting might result in lax oversight.
January 6
