Tagged: banking

March 6, 2026 @ 6:41 am By Omar Faridi  |  

In a significant step toward regulatory clarity in the evolving digital asset space, the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board, and the Federal Deposit Insurance Corporation (FDIC) jointly released new guidance and feedback on key issues. The document addresses… Read More

March 4, 2026 @ 7:49 pm By Omar Faridi  |  

Sygnum, a global digital asset banking group, has introduced Sygnum Select, a new discretionary portfolio management service that adapts the time-tested model of Swiss private banking to cryptocurrencies and related investments. The platform went live on February 26, 2026, with active client mandates already in… Read More

March 4, 2026 @ 8:59 am By Omar Faridi  |  

Global investment platform Kraken (Payward) is sharply focused on product development. The crypto exchange has shared key updates that signal deeper integration between crypto and traditional finance, stronger internal product excellence, and tangible user benefits. Announced on March 4, 2026, these developments reinforce the platform’s… Read More

March 3, 2026 @ 6:51 pm By JD Alois  |  

Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), wants stablecoin issuers to offer rewards on payments, not on balances, according to an interview this week with CNBC. Banks kindof already do this with credit cards. The ongoing debate over whether stablecoin holders should… Read More

March 3, 2026 @ 5:17 pm By Omar Faridi  |  

The payments sector is in the midst of a profound shift, fueled by technological advancements that are reshaping how banks and retailers operate. Insights from KPMG highlight the urgency for modernization, as digital innovations challenge traditional models and open new avenues for efficiency and customer… Read More

February 28, 2026 @ 12:37 pm By Omar Faridi  |  

In the maturing digital finance ecosystem, payment stablecoins continue to draw attention from US policymakers regarding the rewards /  yield that they could offer holders. The issue of generating returns for stablecoin holders appears to be the biggest hurdle for the passage of crypto market… Read More

February 27, 2026 @ 2:24 pm By Tony Zerucha  |  

Grey, a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform. The expanded offering is designed to help businesses receive international payments, manage large-scale cross-border transactions, and reduce… Read More

February 26, 2026 @ 11:42 am By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), a fintech platform serving nearly two million businesses worldwide—many of them small and medium-sized enterprises (SMBs) in emerging markets—has unveiled several (potentially) transformative initiatives that underscore its push into regulated digital finance. On February 24, 2026, the company filed an application with the… Read More

February 25, 2026 @ 3:47 am By Omar Faridi  |  

NatWest Group has wrapped up its senior leadership appointments for its new Venture Banking division with the hiring of Ruari Phillips as Head of Venture & Growth Finance. The move, announced on 23 February 2026, positions the bank to roll out a dedicated service in… Read More

February 23, 2026 @ 12:55 pm By Omar Faridi  |  

Cornell Law School Professor Dan Awrey has just released a timely new working paper that delves into one of the most pressing challenges facing modern finance: the disruptive power of technology on traditional banking. Titled Banking, Technology, and Instability, the paper examines how rapid technological… Read More

February 23, 2026 @ 9:19 am By Omar Faridi  |  

In a shift reshaping the boundaries between technology-driven finance and traditional banking, cryptocurrency firms and fintechs are increasingly viewing bank acquisitions as an expedited pathway into established financial systems. This, according to an update from the WSJ, which noted that instead of enduring the protracted… Read More

February 20, 2026 @ 1:46 pm By Omar Faridi  |  

As part of the ongoing effort focused on integrating digital assets into the traditional banking system, the Office of the Comptroller of the Currency (OCC) is advancing rules that would expand the scope of national trust bank charters. This move, highlighted in recent regulatory updates,… Read More

February 20, 2026 @ 8:42 am By Omar Faridi  |  

The financial services sector is experiencing a significant surge in efforts to obtain U.S. bank charters under President Donald Trump‘s administration. Industry players, particularly fintech companies and other financial firms, are moving quickly to capitalize on what many perceive as a more accommodating regulatory environment… Read More

February 19, 2026 @ 12:55 am By Omar Faridi  |  

The European Central Bank (ECB) released key updates that underscore the urgency of adapting financial supervision to the growing cross-border realities of Europe’s capital markets. Recently, the ECB and the European Systemic Risk Board (ESRB) jointly issued a detailed report examining interconnections between banks and… Read More

February 18, 2026 @ 10:02 pm By Omar Faridi  |  

Backbase, a Fintech firm focused on enabling artificial intelligence-driven banking technology, has joined forces with Plaid, the financial data network serving as the analytical foundation for modern financial services. The partnership, unveiled recently, now aims to directly tackles one of the sector’s most persistent obstacles:… Read More

February 18, 2026 @ 10:44 am By JD Alois  |  

Shares of Fiserv (NASDAQ:FISV) received a bid yesterday after news that Jana Partners had purchased 2.2 million shares of the Fintech company for approximately $151 million. Jana Partners is an activist hedge fund that will push for strategic or operational changes at Fiserv. Jana was… Read More

February 15, 2026 @ 10:07 pm By Tony Zerucha  |  

Bottomline, a global provider of business payments and cash management, and Koxa, an ERP-banking company, this week announced a partnership to deliver embedded banking capabilities directly inside ERP systems. The collaboration enables Bottomline’s bank clients to offer a fully integrated ERP banking experience to their… Read More

February 10, 2026 @ 8:52 pm By Omar Faridi  |  

Digital bank Revolut has announced plans to allocate nearly $400 million into its local operations over the next five years. This investment comes on the heels of the company surpassing one million retail customers in the country, a significant achievement / milestone around six years… Read More

February 10, 2026 @ 11:35 am By Omar Faridi  |  

Institutions in the United States are demonstrating a stronger enthusiasm for artificial intelligence compared to their international counterparts. A recent study by Finastra highlights this trend, revealing that American leaders in the sector are more optimistic about the potential benefits stemming from swift advancements in… Read More

February 10, 2026 @ 10:44 am By JD Alois  |  

Erebor Bank, a Columbus, Ohio-based digital bank serving high-net-worth individuals and startups, has been approved for a national bank charter by the Office of the Comptroller of the Currency (OCC). Erebor was previously approved for a conditional charter in October.  FDIC insurance was approved in… Read More