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Fed Governor Michael Barr: Bank-FinTech Relationships Will Drive GenAI Adoption
Bank-FinTech relationships are likely to drive the integration of GenAI into banking, Federal Reserve Governor Michael S. Barr said Friday (April 4). The integration and innovation will be driven by ...
Brazil’s Pix to Start Enabling Installment Payments in September
Brazil’s instant payment system, Pix, will reportedly allow users to pay for transactions in installments, beginning in September. The new feature, Pix Parcelado, will be available to both consume...
SEC confirms stablecoins are not securities but questions including yield
Stablecoins backed by cash or cash-equivalent reserves and redeemable for US dollars on a one-to-one basis are not securities under federal law, the Securities and Exchange Commission (SEC) said on Ap...
Financial Firm Republic Plans To Acquire Crypto and Tokenized Securities Trading Platform INX for $60,000,000
The global financial firm Republic is planning on purchasing a crypto and tokenized securities trading platform for tens of millions of dollars. According to a new press release, Republic – founded ...
Cosmos (ATOM) Surges 14% as Golden Cross Looms
Cosmos (ATOM) is gaining strong bullish momentum, jumping over 14% in the last 24 hours as technical indicators flash potential for further upside. The token’s Relative Strength Index (RSI) has surg...
Price hikes, idled factories, layoffs: how car companies are responding to Trump’s tariffs
From Audi to Volvo President Donald Trump’s 25 percent tariffs on all auto-related imports have been called “a debacle of epic proportions” and a sure-fire wa...
PayPal and Venmo Add Chainlink and Solana to Cryptocurrency Offerings
PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Fri...
SEC Division of Corporate Finance Issues Statement on Stablecoins
The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much ...
Stripe Applies for US Banking License to Expand Merchant Acquiring Capabilities
Stripe’s application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter has been accepted by the state of Georgia’s Department of Banking and Finance, bringing the financial infrastructu...
PayPal expands crypto offerings with Solana, Chainlink support
PayPal announced plans to allow US users to buy, sell, and transfer Solana (SOL) and Chainlink (LINK) through its core platform and Venmo, marking the latest expansion in the payments giant’s crypto...
Newswire > Tag: finance
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