Moov Money's collaboration with Visa, Mastercard and Jack Henry enables transfers without accessing a separate app, aiming to attract small banks and credit unions.
If the Federal Reserve really wants to control inflation, it first needs to control people's expectations.
Four and a half years after SoFi acquired a bank, it landed 47th on the list of largest U.S. banks by deposits.
The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.
The Federal Reserve's vice chair outlined the ongoing modernization efforts for the central bank's lending facility of last resort, including coordination with the Federal Home Loan Banks.
