Green Check Verified, a company that offers cannabis banking software and service solutions, today launched a suite of account monitoring and compliance tools to enable institutions to meet regulatory requirements more efficiently.
Read MoreIn an apparent move to secure a bank charter as soon as possible fintech SoFi acquired California’s Golden Pacific Bancorp for $22.3M. SoFi offers banking, lending, and investing products.
Read MoreThe Federal Deposit Insurance Corporation (FDIC) has appointed fintech executive Sultan Meghji as its first-ever chief innovation officer.
Read MoreWhile brokerage platforms have lifted prior limits on trading of GameStop, AMC Entertainment and other shorted stocks, regulators are examining the fallout from recent events.
Read MoreOn Monday, July 19, Treasury Secretary Janet Yellen, convened the President’s Working Group on Financial Markets (PWG).
Read MoreAnt Group (formerly Ant Financial), which owns payment platform Alipay and operates a loan marketplace, plans to roll out a series of reforms in response to concerns from Chinese regulators.
Read MoreAnt Group (formerly Ant Financial), which owns payment platform Alipay and operates a loan marketplace, plans to roll out a series of reforms in response to concerns from Chinese regulators.
Read MoreAs the Biden administration gets its ducks in line for a more aggressive financial regulation apparatus post-Trump
Read MoreJanet Yellen, the Biden administration’s Treasury Secretary nominee and former chair of the Federal Reserve, outlined some key financial industry priorities in a Senate confirmation hearing on Tuesday, Jan. 19.
Read MoreBrokerage Robinhood this week agreed to pay a civil penalty of $65M over charges from the Securities and Exchange Commission that it was misleading customers.
Read MoreLibra, the Facebook-backed digital currency, is now called Diem, the latin word for “day”. The Libra Association, the Switzerland-based international body that oversees the currency, will now be called the Diem Association.
Read MoreThe Department of Justice (DOJ) has cleared the way for Mastercard to acquire data aggregator Finicity, in a deal valued at $825 million.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
