banking regulation

FTX Ties to Farmington State Bank in US Are Probed

FTX Ties to Farmington State Bank in US Are Probed
FTX Ties to Farmington State Bank in US Are Probed
November 23, 2022  |  Cryptocurrency

One of the assets that have come to light during the bankruptcy of FTX is reportedly a stake in a U.S.-licensed bank, which it owns...

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US Senators Ask SoFi About Its Banking Law Compliance
US Senators Ask SoFi About Its Banking Law Compliance
November 21, 2022  |  Bank Regulation

Four U.S. senators have signed a letter to SoFi Technologies CEO Anthony Noto expressing concerns about the online personal finance company and online bank’s digital...

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US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
US Regulators Want Citigroup to Fix Risk Management Faster, Report Says
September 14, 2022  |  Legal & Regulation

Regulators at the Federal Reserve reportedly grown impatient with Citigroup’s response to its complaints about the bank’s systems for preventing mistakes. Get the Full Story...

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Inside the Upside of India’s New Bundled, Cross-Border Remittance System
Inside the Upside of India’s New Bundled, Cross-Border Remittance System
September 09, 2022  |  Cross-border Payments

In India, a broadening by the Reserve Bank of India (RBI) of the ways and means through which citizens can send money abroad will open...

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Tencent Eyes a Holding Company for FinTech WeChat Pay
Tencent Eyes a Holding Company for FinTech WeChat Pay
March 23, 2022  |  Mobile Payments

Tencent, the Chinese tech giant, is looking into whether regulators will required it to have a financial holding company for its FinTech business, CNBC wrote...

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Singapore Banking Regulator Shuts Wirecard
Singapore Banking Regulator Shuts Wirecard
September 30, 2020  |  Cybersecurity

Singapore’s financial regulatory authority announced Wednesday (Sept. 30) it has directed Wirecard AG to end its payment services in the Southeast Asian country and return...

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Gaming Hardware Maker Razer Eyes Banking Licenses In US, Europe
Gaming Hardware Maker Razer Eyes Banking Licenses In US, Europe
September 11, 2020  |  Banking

Razer Inc., the gaming hardware manufacturer, is eyeing expansion into banking in the U.S. and Europe. Get the Full Story Complete the form to unlock...

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California Opens Door For San Francisco Public Bank
California Opens Door For San Francisco Public Bank
October 07, 2019  |  B2B Payments

California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco are jumping at...

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