Tagged: us

EY Grants Accelerator Obtains FedRAMP Authorization, Enabling Federal Agencies to Enhance Grants Systems

Ernst & Young LLP (EY US) announced that its EY Grants Accelerator platform, an AI-enabled platform intended to transform the way governments manage and disburse critical grant funding, has earned FedRAMP (Federal Risk and Authorization Management Program) Authorization. This reportedly confirms that the solution meets… Read More

Telcoin Obtains Approval to Operate as Digital Asset Depository Institution

Telcoin has secured final regulatory approval from the Nebraska Department of Banking and Finance to operate as the nation’s first chartered Digital Asset Depository Institution (DADI). The approval reportedly marks one of the first times a state has granted a full banking charter specifically designed… Read More

Digital Assets Firm Kraken Confidentially Files for US IPO

Payward, Inc. (doing business as Kraken) has announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. Digital assets exchange Kraken noted that… Read More

LevelField Bank Approved to Provide Banking and Digital Assets Services

LevelField Financial, Inc., a U.S. financial services firm aiming to bring together traditional banking and digital asset products in a unified platform, announced that it received conditional approval from the Illinois Department of Financial and Professional Regulation (IDFPR) in order to finalize its acquisition of… Read More

Grayscale Investments Announces Public Filing of Registration Statement for Proposed IPO

Grayscale Investments, the world’s digital asset-focused investment platform, announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its Class A common stock. Grayscale Investments has “applied… Read More

FanDuel, CME Group Introduce Prediction Markets Platform

FanDuel, the online gaming firm in North America, part of Flutter Entertainment (NYSE: FLUT), and CME Group (NASDAQ: CME), the world’s derivatives marketplace, unveiled that they will launch prediction markets via the FanDuel Predicts app that will expand access to financial markets for clients in… Read More

Bank of America Introduces 401k Pay to Simplify Retirement Income Management

Bank of America (NYSE: BAC) is launching 401k Pay, a solution designed to convert 401(k) account assets into a retirement income. Offered starting from November 17 to the company’s corporate plan sponsor or plan participant clients, the digital solution provides 401(k) recordkeeping, deposit options and… Read More

US Treasury Central Clearing Survey : American Firms Have Confidence in Readiness while Europe and Asia Lag Behind

SIFMA, BNY, Broadridge and The Depository Trust & Clearing Corporation (DTCC), in collaboration with The ValueExchange, today released findings from their “U.S. Treasury Central Clearing Pulse Survey”, which draws upon insights from global market participants. The survey, conducted by The ValueExchange, was meant to provide… Read More

SoFi Announces Launch of Bitcoin, Ethereum, Solana Trading

SoFi Technologies, Inc. (NASDAQ: SOFI) announced the launch of SoFi Crypto, becoming the nationally chartered bank where consumers can bank, borrow, invest — and now purchase, sell and hold crypto-assets. With SoFi Crypto, members will be able to buy, sell, and hold cryptocurrencies, including Bitcoin… Read More

DTCC Lists New Spot XRP ETFs, May Potentially Launch Soon

The Depository Trust and Clearing Corporation (DTCC) confirmed recently that it has listed various spot XRP exchange-traded funds (ETFs). This move could potentially lead to their official rollout in the foreseeable future. As indicated on DTCC’s website, ETFs from Bitwise (XRP), Canary (XRPC), CoinShares (XRPL),… Read More

Venture Valuations Begin to Surge as Liquidity Returns : Research

PitchBook noted that venture valuations are surging as liquidity begins to creep back up. Now, with liquidity returning, though still relatively modest when compared with recent years, venture market pricing has started to rise. The researchers at PitchBook also mentioned that across all investment stages,… Read More

Bitcoin and Crypto Market Recovers as US Senate Approves Bill to End Govt Shutdown

Bitcoin (BTC), Ethereum (ETH) and altcoins have again been surging due to  seemingly renewed optimism and positive investor sentiment in financial markets, supported by an update that the US government shutdown could soon come to an end. Bitcoin, the flagship cryptocurrency, has surged around 5%… Read More

Equifax Data Indicates US Consumer Debt Nears $18T as Delinquencies Stabilize

Equifax (NYSE: EFX) has recently released its Market Pulse Third Quarter U.S. Consumer Credit Trends, which now reportedly includes U.S. national consumer credit data and trends through September 2025 sourced from Equifax data. According to Equifax, delinquency on total U.S. consumer debt inched up to… Read More

Federal Reserve Governor Stephen Miran Says Stablecoins Might Become Force to be Reckoned with that Put Pressure on Interest Rates

Stablecoins may potentially become an area of considerable growth, according to Federal Reserve Governor Stephen Miran. During a recent speech covering crypto and other developments for the first time in his new role, Miran said that based on the surveys that he has reviewed, and… Read More

Fintech Wise Focuses on US Business Expansion Plans Amid Challenges Posed by Incumbents

Global fintech Wise Plc (LON:WISE) remains committed to its business expansion plans in the United States. The financial technology company, known for its relatively low-cost international money transfers, is pressing forward with two pivotal strategies: securing approval as a national trust bank and introducing a… Read More

LendingClub Announces Common Stock Acquisition Program, Expands into Home Improvement Financing

LendingClub (NYSE: LC) has announced that the firm’s Board of Directors has approved a program to repurchase and acquire “up to $100 million” of the company’s common stock through Dec 31, 2026. LendingClub shares are trading near their 52-week high with a market cap of over… Read More

Cross River Bank to Support Consumers Impacted by SNAP Benefit Delays Due to Government Shutdown

Easterseals New Jersey, a disability services nonprofit, and Cross River Bank, a tech infrastructure provider offering embedded financial solutions, have partners in order to assist people who may currently be experiencing either partial or delayed Supplemental Nutrition Assistance Program (SNAP) benefits due primarily to the… Read More

Coinbase Calls on US Department of the Treasury to Ensure GENIUS Act Guidelines are Consistent with Congressional Objectives

Crypto exchange Coinbase (NASDAQ:COIN) has recently called on the US Treasury Department to ensure that its rules and guidelines for the GENIUS Act are aligned and consistent with congressional objectives. Digital assets firm Coinbase noted that Treasury needs to avoid enforcing requirements that go beyond… Read More

Bank of America’s AI-Powered CashPro Chat and Transaction Search Capabilities Increasingly Being Used by Corporations

Bank of America (NYSE: BAC) has recently announced “record-breaking” adoption of its AI-powered CashPro Chat and transaction search capabilities as corporate clients “increasingly turn to real-time insights” as well as operational efficiency in treasury management. CashPro is described as the banking platform used by companies… Read More

Appeals Court Upholds Federal Reserve’s Decision to Prevent Custodia Bank from Obtaining Master Account

A federal appeals court in Denver recently said it would be upholding the US Federal Reserve’s decision to deny Custodia Bank access to a master account. This is yet another setback for the Wyoming-headquartered crypto-focused bank, which has spent several years trying to gain direct… Read More

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