Tagged: banking

April 10, 2026 @ 5:43 am By JD Alois  |  

As should have been expected by all, a research report published by the Trump administration’s Council of Economic Advisors (CEA) indicates that stablecoin yield will not impact lending at all. The FUD promoted by banks never held any merit but it was a great display… Read More

April 9, 2026 @ 1:18 pm By Omar Faridi  |  

Cybersecurity firm Kaspersky has indicated that over 1 million online banking accounts have now been compromised by so-called infostealers during the past year, as global cyberthreats shifted toward credential theft as well as data reuse. Kaspersky pointed out that attackers are moving away from traditional… Read More

April 9, 2026 @ 10:43 am By JD Alois  |  

Silicon Prairie is a tenacious participant in the investment crowdfunding sector. Founded by David Duccini in 2016 and based in the Midwest, the platform has continued to iterate and add new services as it adapts to the evolving marketplace of online capital formation. Over time,… Read More

April 9, 2026 @ 7:32 am By JD Alois  |  

Netherlands based ClearBank has been approved under Markets in Crypto Assets (MiCA) regulation. The company announced that it had received approval from the Dutch Authority for the Financial Markets (AFM) to operate as a Crypto Asset Service Provider (CASP). The bank stated that it will… Read More

April 8, 2026 @ 1:48 pm By Omar Faridi  |  

InvestiFi, an investment technology platform developed to enable investing to and from checking accounts, has announced that it is working with Freedom Bank in order to embed its digital services into the platform’s online banking solution. Via this collab, the banking provider’s customer should be… Read More

April 8, 2026 @ 1:34 pm By Omar Faridi  |  

Lorum, a correspondent institution that is currently serving financial institutions operating in the United States, has reportedly submitted an application for a US national bank charter. This is said to he part of a move that the company says will pave the way forward for… Read More

April 7, 2026 @ 10:25 am By Omar Faridi  |  

Banks’ outdated payment infrastructures are increasingly handing market share to faster-moving fintech competitors. As merchants and customers demand seamless digital experiences, real-time processing, and embedded finance options, legacy systems—built for batch processing and slower rails—create bottlenecks that hinder innovation and responsiveness. Industry professionals warn that… Read More

April 6, 2026 @ 12:53 am By Tony Zerucha  |  

SoFi Technologies (NASDAQ: SOFI) has launched SoFi Big Business Banking, an offering allowing enterprise partners to manage both fiat and crypto banking from a single, nationally chartered bank. This launch builds on SoFi’s integration of blockchain into its core platform. Over the last year, SoFi… Read More

April 3, 2026 @ 6:41 pm By Tony Zerucha  |  

Personetics and Atomic, a provider of embedded financial connectivity, are partnering to deliver a native, end-to-end solution for contextual direct deposit and bill payment switching within digital banking experiences. With this new capability, banks can identify the right customers and financial moments using transaction intelligence,… Read More

April 3, 2026 @ 6:39 pm By Tony Zerucha  |  

New research from the CPPO, the nonprofit organization fueling the growth of the $14 billion open-loop prepaid economy, shows Canadians are expanding how they manage, move, and grow their money by combining traditional and digital-first providers that better align with their lifestyles. The shift reflects… Read More

April 3, 2026 @ 11:45 am By Omar Faridi  |  

Italy’s competition and consumer protection authority has imposed a total fine of €11.5 million on multiple entities within the Revolut fintech group, citing a series of unfair commercial practices that allegedly misled users and restricted their access to essential financial services. The Autorità Garante della… Read More

April 3, 2026 @ 12:20 am By Omar Faridi  |  

Banks are poised for a major overhaul in how they handle day-to-day risk oversight. A new analysis from Oliver Wyman highlights how first-line risk management (FLRM) units—often called the control teams embedded within business operations—can slash expenses while boosting overall protection against nonfinancial threats. Over… Read More

April 2, 2026 @ 7:57 am By Omar Faridi  |  

As part of the ongoing movement that is focused on blending traditional finance with cryptocurrency infrastructure, EDX Markets has submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The institutional cryptocurrency exchange, supported by key… Read More

March 31, 2026 @ 4:07 pm By JD Alois  |  

Cross River has received $50 million in new equity capital from existing investors. While the funding terms were not disclosed by the Fintech, it has been reported that Cross River was valued at $3 billion. Cross River reported that certain existing Cross River investors, accounts… Read More

March 31, 2026 @ 2:28 am By Tony Zerucha  |  

Warning signs of a gradual decline in key customer engagement metrics are starting to flash for retail banks, according to the JD Power 2026 U.S. Retail Banking Satisfaction Study, as customers increasingly open deposit accounts with multiple institutions. “Retail banks are confronting an incredibly complex,… Read More

March 30, 2026 @ 9:45 pm By Omar Faridi  |  

Valt has achieved conditional approval for a national banking charter from the Office of the Comptroller of the Currency (OCC). The purely online business banking provider, helmed by a leadership team drawn from former US Bank executives, stands on the threshold of operating as a… Read More

March 30, 2026 @ 3:32 pm By JD Alois  |  

The Blockchain Leadership Fund (BLF) is a new Political  Action Committee (PAC) that aims to advance digital asset policy, just as legacy banks are holding up the CLARITY Act due to fears of new competition from blockchain firms. The CLARITY Act, or crypto market infrastructure legislation, is… Read More

March 30, 2026 @ 8:16 am By Omar Faridi  |  

In a move to safeguard consumers’ access to financial services, Federal Trade Commission (FTC) Chairman Andrew N. Ferguson has dispatched formal warning letters to the chief executives of PayPal (NASDAQ: PYPL), Stripe, Visa (NYSE: V), and Mastercard (NYSE: MA). Issued on March 26, 2026, the notices highlight growing worries over reports that these… Read More

March 30, 2026 @ 1:02 am By Omar Faridi  |  

UK’s digital bank Monzo has announced a significant achievement by surpassing the 15 million customer mark. This latest milestone underscores the rapid expansion of the challenger bank, which continues to attract users from diverse age groups and financial backgrounds while positioning itself as a comprehensive solution… Read More

March 26, 2026 @ 11:27 am By JD Alois  |  

Legacy banks have slammed the brakes on the CLARITY Act, crypto market infrastructure legislation, which is poised to enable the United States to lead the world in digital asset innovation. The big roadblock remains the ability for stablecoin holders to earn yield. As payment stablecoins,… Read More