Congressional actions against CFPB overdraft, digital payments rules may spur financial services innovation
Nonbanks would move more fully to offer banking services; the banks would maintain at least some revenue streams that are used to fund...
News by FinTech Collective
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Trump establishes ‘Strategic Bitcoin Reserve’ and ‘US Digital Asset Stockpile’
The Strategic Bitcoin Reserve will be capitalized with bitcoin seized in criminal or civil asset forfeiture proceedings and owned by the...
Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund
Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce Department last...
The 401(k) has become America’s rainy-day fund
Some 4.8% of account holders took early withdrawals last year for reasons such as preventing foreclosure and paying medical bills. That...
CFPB drops lawsuit against Zelle operator and owner banks
The regulator said in a court filing this week that it dismissed the action against Early Warning Services, JPMorgan Chase, Bank of...
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