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...
In its first action to implement the GENIUS Act, the Federal Deposit Insurance Corporation (FDIC) is considering a proposed rule that would establish procedures under which the insured depository institutions the regulator supervises could seek to issue stablecoin payments. Get the Full Story Complete the form to...
The Treasury Department reportedly aims to give its Financial Crimes Enforcement Network (FinCEN) the ability to veto other regulators’ findings that a bank has violated the Bank Secrecy Act (BSA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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 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 access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]
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...
December 16, 2025
In its first action to implement the GENIUS Act, the Federal Deposit Insurance Corporation (FDIC) is considering a proposed rule that would establish procedures under which the insured depository institutions the regulator...