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The financial technology seller plans its own coin and interoperability with PayPal's PYUSD, potentially reaching millions of consumers and merchants and thousands of banks.
June 23 -
Following strikes on nuclear sites, the U.S. warned of a heightened threat environment. Here's how Iran has targeted American banks in the past.
June 23 -
More than a year after Synapse went bankrupt, fintech customers who lost money due to the fintech middleware firm's collapse might be made whole through the Consumer Financial Protection Bureau's customer relief fund.
June 23 -
The Federal Reserve's vice chair for supervision said changes to the supplemental leverage ratio are needed to bolster the Treasury market and ensure banks are not incentivized to take on excessive risks.
June 23 -
Foreclosure activity surged in the first quarter, underscoring the growing need for borrower support as certain federal protections expired.
June 23 -
The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
June 23 -
The Florida bank plans to expand its solar lending operations while Senate Republicans look to end most tax breaks for clean energy.
June 23 -
President Donald Trump has signed a Congressional Review Act resolution that eliminates the Office of the Comptroller of the Currency's Biden-era rules requiring stricter reviews of bank mergers and a time-out clock for some institutions.
June 23