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Tag: deposit insurance

$10,000,000,000 Bank Shut Down by US Regulators in First Bank Failure of 2024 – The Daily Hodl

US regulators just announced the first bank failure of 2024. The FDIC says it has stepped in to protect $6 billion in assets and $4...

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Key Points | Mar. 16, 2024 | Solana Reaches Market Cap All-Time High | BitPinas

Welcome to BitPinas Key Points: Easily digestible news in concise formats for easy reading. Let’s check the latest crypto news stories in the last 24 hours...

Finnish Neobank Saldo Launches Operations in Sweden

Saldo Bank, a Finnish neobank with operations centered in Lithuania and supervised by the Bank of Lithuania, has expanded its services to Sweden. With a strategic...

From Fractional Reserve Banking To 0% Reserves: A Case For Bitcoin

Fractional reserve banking, a cornerstone of the modern financial system, has been met with significant criticism by anyone who understands what constitutes good money....

Maya Interest Rate 2024 | Promotions | Overview | BitPinas

While most digital banks in the country only offer fiat-related transactions, Maya Bank, powered by the e-wallet Maya app, also supports cryptocurrency transactions. Digital banks...

Fintech Nexus Newsletter (February 2, 2024): Why are banks not jumping on real-time payments?

We have been following the recent developments in real-time payments with some interest. While adoption is increasing it is not going as fast as...

2024 Update on Silicon Valley Bank: Fintech Focus Persists While Competition Heats Up

Nick Christian, head of national fintech and specialty finance at Silicon Valley Bank, wants startup founders to know that his banking service – now...

From SVB And SBF To AI And IPOs, There Was A Lot Of Action (And Acronyms) In 2023

After a rough 2022, many people in venture were hoping 2023 would offer a reprieve. While the year did see some steadying in the venture-backed...

Compliance Isn’t Just For Banks

Financial institutions are zeroing in on compliance when evaluating fintech partners. Nearly three-quarters (72%) of banks and credit unions cite compliance as their top...

Cornelius Hurley, Professor at Boston University School of Law on reform at the Federal Home Loan Banks

Enjoying our podcasts? Don’t miss out on future episodes! Please hit that subscribe button on Apple, Spotify, YouTube, or your favorite podcast platform to stay updated with our...

MAS to Beef up Protection for Insurance Policy Owners with Revised Scheme – Fintech Singapore

by Fintech News Singapore December 7, 2023 The Monetary Authority of Singapore (MAS) has announced its intention to revise the Policy Owners’ Protection Scheme. This initiative, currently...

A turning tide for challenger banks?

The climate has changed for fintechs and challengers this year. They are entering unchartered territory in a rising interest rate and recessionary environment with...

Robinhood’s Global Ascent: UK Debut Amidst Triumphs and Challenges

In a strategic move following two previous setbacks, the renowned stock trading platform Robinhood is set to make its long-awaited debut in the United...

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