Browsing: Banking

OBSERVATIONS FROM THE FINTECH SNARK TANK It’s a tough time for small business owners: The economy is shaky, inflation is rampant, interest rates have skyrocketed, and…

OBSERVATIONS FROM THE FINTECH SNARK TANK Does the US need a new online bank? If that bank serves new military recruits—who are often underserved, under-educated, and…

The launch of the Fed’s instant payment FedNow system has raised the value of access to master accounts–which Kraken Bank, Custodia Bank and others haven’t been…

Last month I spoke to the Diversity, Equity and Inclusion (DEI) committee of NICSA. During my talk I asked the audience members if they had tried…

Members of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes. By Steven Ehrlich and Nina Bambysheva, Forbes…

That the economy grew at a slightly faster pace than expected in the second quarter doesn’t justify celebrating with an extra round of summer margaritas. This…

Mastercard has requested financial institutions to stop accepting marijuana transactions through pin debit cards. Mastercard’s MA decision to further reduce options for marijuana consumers means they…

The commercial and financial worlds are eagerly anticipating not only what the Federal Reserve will do with interest rates this week but also what hints it…

OBSERVATIONS FROM THE FINTECH SNARK TANK Hurray, instant payments are here! To much fanfare, the Federal Reserve launched its new payments system, FedNow, last week. The…

On the anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, it is important to recognize the transformative changes that have occurred within the…