The European Central Bank is reportedly set to announce proposals to simplify some of its regulations in response to similar overhauls being carried out by...
Digital financial services platform Nubank said it intends to obtain a banking license in Brazil in 2026. Nubank is doing so to comply with a...
Launching financial blockchain products for their customers is becoming a major case of get ready, set and wait for the traditional financial sector. From stablecoins...
FinTech Propel Holdings received regulatory permission to launch its own bank. The approval came from the Office of the Commissioner of Financial Institutions (OCFI) of...
Consumers are using credit in strategic ways. This year’s Black Friday data gleaned by PYMNTS Intelligence showed that financially stressed households, young shoppers and high-income...
Ten of Europe’s biggest banks have formed a company to launch a euro-pegged stablecoin. The new venture, dubbed Qivalis, is a joint effort by BNP Paribas, Banca...
The Federal Deposit Insurance Corp. terminated consent orders against New York-based Israel Discount Bank of New York and Georgia-based F&M Bank and Trust Company. These...
The GENIUS Act, which aims to regulate stablecoins in the United States, was enacted on July 18. However, the policy hasn’t yet been implemented, leaving...