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Comptroller of the Currency Jonathan Gould said in an exclusive interview with American Banker Monday that regulators must bring more new entrants into the banking industry, establish a level playing field between banks and fintechs, and shore up supervision amid mounting legal scrutiny.
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The U.K. neobank received an investment from the AI giant as the fintech aims to globally expand and acquire a U.S. banking license.
November 24 -
Lancaster, Pennsylvania-based Fulton Financial said Monday it will pay $243 million in stock for Blue Foundry Bancorp, which has lost more than $20 million since converting to a public company in 2021.
November 24 -
GOP lawmakers say current thresholds subject regional lenders to overly stringent oversight designed for Wall Street giants
November 24 -
Eight months after Green Dot embarked on a review of its strategic alternatives, the fintech said it will sell its banking operations to CommerceOne Financial and sell its fintech platform to Smith Ventures. Both buyers are linked to Alabama businessman Bill Smith.
November 24 -
The New York bank already offers tokenized deposits, which allows global clients to move money around the world instantly, and it's building a crypto custody platform.
November 24
May 13, 2002, 11:37 p.m. EDT 1 Min Read
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