The Federal Deposit Insurance Corp. (FDIC) announced a consent order with Birmingham, Alabama-based SouthPoint Bank that concerns “charges of unsafe or unsound banking practices and/or violations of law or regulation relating to weaknesses in management, asset quality, capital, earnings, and liquidity/funding.” Get the Full Story...
The Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC) have new leaders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
FinTech company Mercury has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) and for federal deposit insurance with the Federal Deposit Insurance Corporation (FDIC). Get the Full Story Complete the form to unlock this article and enjoy...
The Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application to establish Erebor Bank, a new national bank that plans to provide deposit and lending products to businesses and individuals in the technology, payments systems, investment and defense industries, including participants in virtual currency...
November 24, 2025
The Federal Deposit Insurance Corp.’s latest board agenda reads like a preview of the next major regulatory issues looming for big banks, and by extension, their FinTech partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]
October 08, 2025
Federal regulators are overhauling how they determine when a bank crosses the line from prudent to “unsafe.” Get the Full Story Complete the form to unlock this article and enjoy...
September 10, 2025
Bank CEOs told lawmakers at a Senate Committee hearing Wednesday (Sept. 10) that deposit insurance reform is urgently needed in the wake of the Silicon Valley Bank collapse of 2023....
August 18, 2025
The expansion of banking ecosystems has long been in place as financial institutions (FIs) link with providers to fine-tune and modernize operations. Get the Full Story Complete the form to...
December 29, 2025
The Federal Deposit Insurance Corp. (FDIC) announced a consent order with Birmingham, Alabama-based SouthPoint Bank that concerns “charges of unsafe or unsound banking practices and/or violations of law or regulation relating to weaknesses in management, asset quality, capital, earnings, and liquidity/funding.” Get the Full Story Complete the form to unlock this article and enjoy unlimited […]
December 19, 2025
The Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC) have new leaders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
December 19, 2025
FinTech company Mercury has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC) and for federal deposit insurance with the Federal Deposit Insurance...
December 16, 2025
The Federal Deposit Insurance Corporation (FDIC) approved a deposit insurance application to establish Erebor Bank, a new national bank that plans to provide deposit and lending products to businesses and...
