Powell: Stablecoins are a ‘form of money’ the Fed needs to regulate
Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee Wednesday to discuss the state of monetary...
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Onuu raises $6m in Seed funding
Texas based fintech for users of modest means raised $6m in Seed funding led by Leap Global Partners.
{
"Far too many Americans are rejected when they apply for financial products because of adverse selection. The goal of Onuu is to bring...…
Chime rolls out cash deposits at Walgreens
This service is available at more than 8,500 Walgreens at no fee. The company noted that 78% of Americans live near a Walgreens location.
Affluent Americans rush to retire in new ‘life-is-short’ mindset
The unprecedented surge in shares and home values during an economic crisis is easing the retirement path for those who have savings and...
BBVA says that it is shutting down banking app Simple, will transfer users to BBVA USA
BBVA told users of Simple — the pioneering mobile and online banking app that it acquired for $117m in 2014 — that it is planning to shut...
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