Tag: FDIC

Three major federal bank regulatory agencies issued a joint statement warning banks about the risks associated with taking custody of ...

The Federal Deposit Insurance Corporation has proposed a rule that would require financial institutions to hold their fintech partners accountable ...

A group of U.S. senators released a letter demanding that failed fintech company Synapse give its customers access to funds ...

Digital banking has become an expectation for consumers, prompting banks to partner with fintech companies to meet this growing demand. ...

The first wave of Banking-as-a-Service (BaaS) interrupted the financial services supply chain by disrupting the last-mile delivery of financial products. ...

The word for the day in banking is “liquidity,” so several top credit card lenders offer savings accounts to increase ...

The Consumer Financial Protection Bureau (CFPB) has issued a notice to consumers, strongly advising against keeping funds in nonbank P2P ...

The early-Monday failure of First Republic Bank—the troubled bank was acquired by JPMorgan Chase & Co. in a government-led deal—has ...

Industrifonden, a Swedish venture capital fund announced a $3 million growth funding round for Open Payments, a company that connects ...

The collapses earlier this month of Silicon Valley Bank, Silvergate Bank, and Signature Bank—three institutions considered cryptocurrency-friendly—continue to reverberate in ...