November, 2024

November, 2024

Deutsche Bank Wins New Business Thanks to Commerzbank Uncertainty
Germany’s Deutsche Bank is reportedly benefitting from uncertainty surrounding a possible takeover of rival Commerzbank. Commerzbank’s customers are increasingly turning to Deutsche Bank for fundi...

Private Sector Will Pave Path for X-Border Payments Transformation
The Treasury Department is pushing for frameworks and international standards for cross-border transactions — because if those foundations are not in place, risks abound. And, with those frameworks ...

Dick’s Sporting Goods Outperforms Headwinds Due to Experiences, Exclusive Brands
Dick’s Sporting Goods’ third-quarter 2024 earnings results exceeded analyst expectations and demonstrated continued momentum as the back-to-school season transitioned into the holiday shopping per...

Mastercard Foundation Makes Private Equity Debut With $550 Million Deal
The Mastercard Foundation has reportedly established itself as a major institutional investor following a private equity deal. As Bloomberg News reported Tuesday (Nov. 26), the foundation has for ...

Trump Reportedly Weighs Concept of White House AI Czar
President-elect Donald Trump could reportedly add an artificial intelligence czar to his new administration. The person would help oversee federal policy and government use of AI, Axios reported Tuesd...

Cardless Raises $30 Million to Continue Developing Co-Branded Credit Cards
Cardless has raised $30 million in a funding round to support its continued development of co-branded credit card and loyalty products. The company will also use the new funding to hire talent in engi...

HSBC Launches Platform for Managing Domestic and International Business Payments
HSBC has launched a platform for managing domestic and international business payments. The new Smart Transact provides a single platform that lets businesses manage their transactions and access a cu...

UK Targets 2026 for Crypto Rules as Digital Asset Ownership Climbs
The United Kingdom’s Financial Conduct Authority published its cryptocurrency regulation roadmap amid increasing digital asset ownership. It plans to issue its final crypto rules in 2026. The roadma...

tZERO Group’s Special Purpose Broker-Dealer for Digital Asset Securities Custody Is Now Live
tZERO Group Inc., a firm focused on technology solutions for capital markets, has announcesdthe launch of tZERO Digital Asset Securities as a new Special Purpose Broker-Dealer for digital asset securi...

House Financial Services Committee Schedules Full Committee Hearing on Fintech
The House Financial Services Committee has scheduled a full Committee hearing to discuss Fintech. Entitled “Innovation Revolution: How Technology is Shaping the Future of Finance,” this may be the...

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B&T Television

February