Visa’s Margaret Reid on the future of passwords and financial products The SEC must solve its cryptocurrency custody conundrum After...
TD Ameritrade’s investment in their Halo Desktop a few years ago allowed the company to get ahead of the curve...
First Republic Bank has acquired Gradifi, a student loan repayment technology platform; the platform offers technology that allows employers to make contributions to the student loans of their employees; an increasing number of employers have been integrating student loan contributions with their benefit plans; Gradifi will become a wholly-owned subsidiary of First Republic Bank and the acquisition will help it to meet the increasing demand for its technology. Source
Zelle has quickly made a name for themselves in p2p payments, now BNY Mellon is looking to leverage the company for business payments; "There are rapid changes in the payments space," Carl Slabicki, director and product line manager for immediate payments at BNY Mellon, said to American Banker. "If you want to remain relevant and allow your clients access to new payment systems, you need to be quicker to market with a faster payment solution.”; b2b payments have no been easier to automate but BNY is hoping to help move the process in that direction. Source.
There are currently no active bitcoin ETF proposals in front of the SEC with VanEck, SolidX and Cboe BZX Exchange withdrawing...
PayPal has had a buy now pay later product since 2008 but the sector is having a moment during the...
Arbor Commercial Mortgage and its affiliates are private lenders for commercial and multi-family real estate as well as a REIT sponsor; they have launched the ArborCrowd real estate crowdfunding platform; their marketing emphasizes 30 years of experience in real estate, careful selection of sponsors, and individuals investing alongside institutional capital providers as well as the project sponsors themselves. Source
OneMain has rejected an unsolicited exchange offer from IEG Holdings; on January 6, 2017, IEG submitted an offer to buy shares of OneMain, a consumer finance company offering personal loans; IEG is an online consumer loan provider with stock trading on an over the counter market exchange; OneMain says the offer does not reflect the value of the company or the best interests of its shareholders. Source
Samsung has already been working with bank branches for five years; the new retail pop-ups will be rolled out in “sooner than a year”; an example of the pop-ups is a shopping center which usually has ATMs where banks could setup for a weekend to attract new customers; Samsung provides the devices that help bank employees engage with their customers. Source
The British Business Bank (BBB) has approved The Bank of India and Silicon Valley Bank to deliver the Coronavirus Business...