The fintech startup is teaming up with Square, Stripe and dozens of others on a digital pay-by-bank offering.
Shares of Stronghold Digital Mining jumped 52% in their first day of trading on Wednesday, as investors show enthusiasm for nascent companies tied to cryptocurrencies.
The social network's test of its Novi wallet drew criticism from Democratic senators who say the company does not have a strong track record of protecting user data.
The 44 large bank and insurance company partners of the Fintech Innovation Lab are inviting startups whose technology can help them manage cybersecurity threats as well as handle climate change metrics and other growing needs to join the lab's next cohort.
Biden administration priorities like stepped-up fair-lending enforcement and policing mortgage lender behavior loom large.
Alloy, the recently named unicorn, has expanded its identity decisioning platform to include credit underwriting, with the intention of building comprehensive views of customers in line with their onboarding and transaction monitoring products.
Fixed-income giant Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets that have the potential to disrupt the financial industry, according to chief investment officer Daniel Ivascyn.
Bitcoin notched a fresh all-time high Wednesday as investors cheered the successful launch of the first U.S. bitcoin futures exchange-traded fund.
Goldman Sachs, one of the largest investment banking enterprises in the US and the world, is partnering with American Express to upgrade its digital cash management offering, according to CNBC.
The technology from the San Francisco loan software company will pre-populate loan applications with payroll and tax data from multiple sources.