March 04, 2023
The Week That Broke the Bank for Crypto
Every so often, there’s a seismic week that shakes up crypto. Scratch that. Seems like every week, nowadays, is a seismic week that shakes up crypto. The ecosystem keeps evolving,...
March 02, 2023
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream...
By Pymnts Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities and Exchange Commission...
March 02, 2023
Silvergate’s Crisis Gives Regulators Ammunition to Keep Crypto from Mainstream...
Silvergate’s existential crisis may give regulators the ammunition they need to keep crypto and mainstream banking separate. As reported here, Silvergate Capital said in a U.S. Securities and Exchange Commission filing this...
March 02, 2023
30% of US Construction Firms Invest in Digital Payments Amid...
Construction firms facing lower housing starts and rising mortgage rates that are turning off potential home buyers are increasingly turning to digital payment solutions as a way to increase cash...
March 02, 2023
Silvergate Examining Viability as a Business Amid FTX Investigations
Silvergate Capital’s cryptocurrency industry ties now have it examining whether it can remain in business. The bank announced in a filing with the Securities and Exchange Commission (SEC) Wednesday (Mar....
February 28, 2023
Walmart Teams With Citigroup on Digital Lending for 10,000 Small...
Collaborating to improve working capital access for its network of small suppliers, Walmart is teaming with Citi, bringing the Bridge built by Citi lending platform to Walmart’s roughly 10,000 U.S....
February 27, 2023
Majestic Home Loans With Permanent CFPB Ban After Years of...
The Consumer Financial Protection Bureau said Monday (Feb. 27) that it has permanently banned a California mortgage broker from the industry, citing years of abuse and fraudulent government representation to...
February 27, 2023
Supreme Court to Decide CFPB’s Future and Funding
The ultimate fate of the Consumer Financial Protection Bureau rests in the hands of nine individuals. The Supreme Court agreed on Monday (Feb. 27) to hear arguments challenging the constitutionality...
February 27, 2023
Bank Mergers Are Systemically Important: A Review of Bank Markets...
I analyze several aspects of recent changes in the banking industry, some of which correspond to the financial crisis in 2008 and the government’s subsequent financial reforms. The banking industry...
