Found 13 results in 890 milliseconds.
In February 2024, Piermont Bank and Sutton Bank each became subject to consent orders issued by the Federal Deposit Insurance Corp.
BaaS, fintech, consent, regulation, AML
US regulators have announced that Silicon Valley Bank (SVB) will be acquired by rival First Citizens Bank following its collapse in March 2023, according to Euronews.
banks, acquisition
The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, has announced the shutting down of its crypto-asset-related vertical, according to Coin Telegraph.
cryptocurrency, crypto asset, banks, regulation
NorthOne has raised USD 67 million in Series B funding, with participation from new and existing investors.
funding, banks, digitalisation, SMEs, digital banking
Majority, a neobank targeting the US immigrant market, has raised USD 37.5 million in a Series B funding round as it explores new offerings.
funding, neobanks, digital banking, debit card, remittance
A group of US banks have announced that they intend to launch their own stablecoin, called USDF, hoping to tackle concerns about the reserves behind nonbank issued equivalents.
banks, product launch, stablecoin, regulation, partnership
fintech, cryptocurrency
Varo, fintech, national charter, fintech, US, Federal Deposit Insurance Corp, mobile app
US-based digital payments company Square has received the approval from federal and state regulators to open a bank in Utah, United States.
Square, Federal Deposit Insurance Corp, digital bank, banking charter, banking licence, FDIC, Federal Bank, United States, US
US-based fintech Varo has announced that the Federal Deposit Insurance Corp. has approved its application for deposit insurance.
Vero, digital bank, Office of the Comptroller of the Currency, OCC, US, North America, United States, banking licence, fintech, financial technology
Square, the payments company, is refiling its application with US state and federal regulators for a bank license.
payments , Square, bank license, banking
The Independent Community Bankers of America (ICBA) has urged the Federal Deposit Insurance Corp. to deny Square’s federal deposit-insurance application.
Square, ICBA, banking, banking license
A US bank regulator has disclosed a data breach involving a former agency employee`s unauthorized removal of more than 10,000 records.
regulator, data breach, data privacy, cybercrime, cybersecurity, Office of the Comptroller of the Currency, US