Delaware has enacted a sweeping package of banking modernization legislation aimed at updating the state’s financial regulatory framework for digital assets, money transmission and payment stablecoins. The trio of bills reinforces Delaware’s long-standing position as one of the nation’s leading financial services hubs while aligning...
America’s banking giants are reportedly increasing their use of digital assistants to increase their productivity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Digital bank Nubank’s Mexican operation, Nu Mexico, has received authorization to begin operations as a bank and now has 30 calendar days to complete its transformation into a bank, the company said in a Friday (July 10) press release. Get the Full Story Complete the form to unlock...
Watch more: Need to Know With Capital One Business’ Jay Michelini Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Axos Financial subsidiary Axos Nevada Holding plans to acquire Arc Technologies to expand Axos’ artificial intelligence capabilities and enhance its ability to serve small businesses across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
JPMorganChase is focusing on smaller companies as it expands its investment banking operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
U.S. Bank has introduced a tool to help small businesses move money faster. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Open banking has been discussed as another way to move money, where debate over who controls the data that makes those payments possible is giving way to how that data is delivered, who bears the cost of maintaining secure application programming interfaces (APIs), and whether...
Some of the biggest U.S. banks are exploring a deal that could reshape the economics of debit cards, reopen one of payments’ fiercest policy fights and give large issuers a way around federal fee limits they have opposed for more than a decade. Get the...
