OCC Seeks Public Input on Digital Banking and Cryptocurrency Use

June 5, 2020

Yesterday, the OCC said it was reviewing its regulations around digital banking activities that includes looking at cryptocurrency and blockchain tools; Acting Comptroller, ...

Revolut Reducing Staff Numbers Further Amid the Crisis

June 5, 2020

Fintech, USA

The digital banking space in Europe continues to suffer in the crisis with AltFi reporting that Revolut is looking to further reduce its ...

12 Percent of UK Residents Switched to Digital Banking

June 5, 2020

Europe, Fintech

According to Tony Moroney, Managing Partner at Beta Digital, 12 percent of UK residents switched to digital banking between March 14 and April ...

How Digital Bank Current is Helping its Customers in the Crisis

June 5, 2020

Fintech, USA

Current is a New York-based digital bank with around 800,000 customers, many of whom live paycheck to paycheck; they have made a number ...

Bloomberg Expects Bitcoin to Surpass $20K this Year

June 5, 2020

Fintech, USA

Bloomberg published a note in the last few days saying Bitcoin could double to $20,000 before the year is over; the digital currency ...

iwoca Launches iwocaPay to Help Speed Small Business Payments

June 5, 2020

Fintech, USA

Leading European small business lender iwoca has launched a new payments product today; called iwocaPay it is designed to help reduce risk and ...

Visa is Helping Drive the Shift to Digital

June 5, 2020

Fintech, USA

The future of payments and commerce is poised to become digital faster than we all previously thought due to the current pandemic; Visa ...

Wealth Management Industry Faces Digital Test

June 5, 2020

Fintech, USA

Every industry is facing struggles due to the current pandemic and financial services in particular is in the middle of a forced sea ...

ParentPay Runs into Trouble as Parents Try to Get Payments Refunded

June 5, 2020

Europe, Fintech

ParentPay is an online payments service in the UK that is used by more than 5 million families and 13,000 schools to make ...

More News for June 5th, 2020

June 5, 2020

Fintech

Charles Schwab Wins DOJ Approval For $26 Billion TD Ameritrade Deal US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial ...