GOP Lawmaker Says Fed Revoked Master Account for FinTech Reserve Trust

GOP Lawmaker Says Fed Revoked Master Account for FinTech Reserve Trust
GOP Lawmaker Says Fed Revoked Master Account for FinTech Reserve Trust
June 09, 2022  |  Politics

U.S. Sen. Pat Toomey wants answers on why the Federal Reserve Bank of Kansas City, he says, revoked a master account for the FinTech Reserve...

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Metaverse Weekly: 30 Years and $13T Later, Neal Stephenson Returns to His Metaverse
Metaverse Weekly: 30 Years and $13T Later, Neal Stephenson Returns to His Metaverse
June 09, 2022  |  Metaverse

In 1992, Neal Stephenson’s “Snow Crash” rocketed him to fame in sci-fi’s then-fledgling cyberpunk genre by imagining a dystopian world in which people escape by...

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CFPB Probes Employer Repayment Requirements for Training, Supplies
CFPB Probes Employer Repayment Requirements for Training, Supplies
June 09, 2022  |  CFPB

The Consumer Financial Protection Bureau is looking into various practices and financial products that could leave employees indebted to employers, a press release said Thursday...

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SEC Investigates TerraUSD Marketing
SEC Investigates TerraUSD Marketing
June 09, 2022  |  Cryptocurrency

The U.S. Securities and Exchange Commission (SEC) is looking into the collapse of the TerraUSD stablecoin and whether its marketing violated federal investor protection regulations,...

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Digital FI Locality Bank, API Firm Hurdlr Team on Invoicing, Income Tracking
Digital FI Locality Bank, API Firm Hurdlr Team on Invoicing, Income Tracking
June 09, 2022  |  B2B Payments

Digital-first community bank Locality Bank will work alongside Hurdlr, a business expense, invoicing and accounting application programming interface (API), to give businesses easier ways to...

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Blockchain in Action: AI, IoT Make Cities Run Better, Faster, Cheaper
Blockchain in Action: AI, IoT Make Cities Run Better, Faster, Cheaper
June 09, 2022  |  Blockchain

Welcome to the eighth article in PYMNTS’ Blockchain in Action Series. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Top 10 Remains the Same in Personal Finance App Ranking
Top 10 Remains the Same in Personal Finance App Ranking
June 09, 2022  |  Personal Finance

So, how’d we do this month? Did the household income outpace the outlays? Did the investments do as we hoped? As with so many other...

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Today in the Connected Economy: Google Investing $1.2B in LatAm
Today in the Connected Economy: Google Investing $1.2B in LatAm
June 09, 2022  |  Connected Economy

Today in the connected economy, Google makes a five-year, $1.2 billion commitment to Latin America that includes building the longest underwater cable in the world....

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Middesk Raises $57M Toward Business Identity Improvements
Middesk Raises $57M Toward Business Identity Improvements
June 09, 2022  |  Investments

Identity platform Middesk, which works to automate business verification and underwriting, has raised $57 million in a Series B round to fund new products, scale...

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