In|Vest 2018 Direct

Stablecoin yield has continued to be a flashpoint as bank groups look for a blanket ban on crypto exchanges and other nonbanks offering yield-like rewards for holding crypto.

The Swedish financial institution adds P2P payments as it tries to bolster its neobank aspirations. Payment firms don't like the U.K.'s potential restrictions on stablecoins and more in the American Banker global payments and fintech roundup.

A week after President Trump demanded a 10% cap on credit card interest rates, top executives at big banks protested the idea in blunt terms.

Customers reported failed subscription payments and support issues, though a backup system kept some basic functionality online.

Tom McFarland leads Novidea's UK product roadmap and business analysis function. Through his industry expertise, close relationship with existing clients and engagement with prospects, Tom ensures the delivery and ongoing enhancement of Novidea's platform provides added value to brokers and MGAs. Tom holds strong partnerships within the insurtech community, enabling practitioners to benefit from a connected insurance ecosystem. Having spent time in operations roles within Specialty Broking and Delegated Authority, Tom's comprehensive understanding of the challenges at each stage of the insurance value chain ensures that the Novidea platform solves the challenges of today and prevents the problems of tomorrow. Tom is keen to drive transformation across the industry, particularly within the Specialty and Lloyd's markets, where there is enormous opportunity for technological modernisation and adoption.

Defenses against financial schemes, both physical and digital, could leave executives scrambling to keep up with the pace of bad actors over the coming months.

The San Francisco-based banking giant reported solid gains in credit card and auto lending as credit remained in check and quarterly operating costs declined from a year ago.

Federal Reserve Gov. Stephen Miran said he doesn't "really buy" the view that a potential indictment of Fed Chair Jerome Powell would affect the central bank's monetary policy.

Theo Ellis is CEO and co-founder of mortgage technology company Friday Harbor.

The megabank's net income declined by 13% during the fourth quarter as a result of a $1.2 billion pretax loss on sale related to the divestiture of its remaining operations in Russia.