London-based financial infrastructure platform OpenPayd finalized its integration of MSB USA Inc., securing 43 state money-transmitter licenses, according to a Wednesday (Sept. 2) press release....
Stablecoins have pinned their corporate finance hopes on a straightforward proposition: better cross-border B2B payments. Traditional cross-border payments are constrained by banking hours, fragmented data...
U.K. banks are increasingly using higher-risk assets as collateral with the Bank of England. That’s according to a report Wednesday (Sept. 2) from Reuters, citing its own review...
Know-your-customer (KYC) checks are expensive partly because a bank isn’t simply verifying an identity. Compliance teams have to collect information from documents, reconcile it across...
Fifth Third has launched of a new credit aimed at consumers seeking to reduce interest costs and consolidate higher-rate debt. According to a Tuesday (Sept....
Cryptocurrency company Ethena has launched what it calls an “internet money neobank” called Ethena Pay. The new offering, which went live Tuesday (Sept. 1), includes card spending,...
Stablecoins and tokenized deposits can look deceptively similar from the perspective of a corporate user. Both can represent dollars digitally. Both can potentially settle around...
The Federal Deposit Insurance Corporation has prevailed in a case stemming from Silicon Valley Bank’s collapse. As Reuters reported Monday (Aug. 31), a federal judge...