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Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.
March 4 -
Coinbase, one of the best-known U.S. cryptocurrency exchanges, is facing a backlash after purchasing a company whose executives have been tied to an Italian firm accused of selling spyware to repressive governments.
March 4 -
Wirecard and Cimple Marketing have teamed with Estonia-based cruise ship operator Tallink Grupp to enable shops on its 14 vessels to accept China’s top three payment options.
March 4 -
The New Jersey company said the issue, tied to insufficient validation procedures, did not lead to misstated financial results.
March 4 -
Credit unions are honoring veterans, helping their local schools and encouraging their employees to live a healthy lifestyle.
March 4 -
Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.
March 4 -
Entrepreneurs in the digital-assets industry say that even as some attract investment from multibillion-dollar institutions, they are routinely refused basic banking services by the likes of HSBC and JPMorgan Chase.
March 4 -
FASB this week is also expected to discuss credit loss standards while a House subcommittee will discuss student borrowers and loan servicing, and more.
March 4 -
Canadian cross-border payment provider SnapPay is expanding its two-year partnership with China's Ant Financial to bring the Alipay app to the country's FoodyMart grocery chain.
March 4 -
Many fintech startups are working to streamline various aspects of payment acceptance for global online merchants, and Modo wants to give those merchants more control over the payment service processors they use.
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