Crypto Lender Nexo Gets u.s. Bank Charter After Buying Stake In Regulated Bank.On Tuesday, cryptocurrency lender Nexo announced that it had acquired a stake in a federally regulated U.S. bank, paving the way for the company to...- Brokerage Industry Looks for Alternatives to Payment for Order Flow amid Sec’s Threatened CrackdownGary Gensler, SEC chair, urges the brokerage industry to look for alternatives to payment for order flow. An idea is originating from Apex Clearing, according...
- Goldman Sachs’ 2 Top Dividend Stocks Nails An Inflation-Fighting Yield As High As 13.3%Despite making a strong comeback in July and early August, the benchmark S&P 500 Index is still down 15% year to date. A team of...
- JPMorgan Chase Acquires Payments Fintech Renovite To Help It Battle Stripe And BlockTo counter threats from fintech companies such as Stripe and Block, JPMorgan Chase has acquired a payments startup called Renovite. As a leading player in...
- New Fed Banking Chief Targeting Crypto And Climate Change As Top PrioritiesDuring his speech on Wednesday, the Federal Reserve's new banking regulator called for action on stablecoins, climate change preparations, and safety and fairness in the...
- Mx, a Startup That Connects Banks And Fintech Players, Names Paypal Veteran Jim Magats Ceo.MX has named PayPal executive Jim Magats as its new CEO. MX competes against Plaid in helping connect financial institutions and fintech companies. According to...
- Why Stocks Have Soared 16% since JuneAfter plummeting in the first half of the year, the S&P 500 has bounced higher like a basketball hitting a trampoline. The benchmark US stock...
- After Revealing That It Had No Exposure To Bankrupt Crypto Firms, Coinbase Stock Jumps 14%Despite fears about the impact of a liquidity crisis in the industry on Coinbase, the company said it had no counterparty exposure to several collapsed...
- President John Williams Of The New York Federal Reserve stated that a U.S. Recession is not his Base Case Scenario.President John Williams of the New York Federal Reserve said Tuesday he expects the U.S. economy to avoid a recession even though he believes significantly...
- Personal Loan Terminology to KnowFor many people, financial terms tend to be confusing. This is certainly the case with personal loan terminology, which is why it’s helpful to have...
