February 12, 2024
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital currencies during a parliamentary committee...
February 11, 2024
Reducing Administrative Costs in U.S. Healthcare: Using Precedent Thinking to...
By Jacqueline Sandling, Barak D. Richman, Ken Favaro, Stefanos A. Zenios, & Kevin A. Schulman1 I. Introduction Though it has been long known that the American health system is...
February 08, 2024
SEC to Enhance Reporting Requirements for Hedge Fund Advisers
The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading Commission (CFTC), have been implemented to...
February 08, 2024
Digital Transformation in EU Gets Push From New Instant Payment...
Digital transformation in the European Union got a big boost Wednesday (Feb. 7) when the EU Parliament adopted sweeping regulations aimed at improving the accessibility and utility of instant, or...
February 07, 2024
Will Specter of Public Runs and More Regulation Blunt Stablecoins’...
Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound some alarms about stablecoins, it...
February 07, 2024
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance...
Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions. This facility, consisting of a $255 million term loan and a $25 million...
February 07, 2024
NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
New York Community Bank (NYCB) is the target of a class-action lawsuit alleging securities fraud. The lawsuit comes after the bank acquired certain assets of Signature Bridge Bank on March...
February 07, 2024
NYCB Credit Grade Lowered to ‘Junk’ By Moody’s
New York Community Bank (NYCB) has had its credit rating cut to “junk.” The downgrade late Tuesday (Feb. 6) by Moody’s Investment Services marks the latest setback for the lender,...
February 06, 2024
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input loan request information, upload documents,...
