Judge adds credit unions to Illinois swipe fee injunction
A federal judge said recent preemption rules from the National Credit Union Administration would bar Illinois from enforcing its interchange fee restrictions against federal credit unions.
45% expect to claim Social Security before full retirement age: Schroders
Nearly half of respondents reported plans to claim benefits early, with many citing fears about the health of the Social Security program.
Ex-CEO of failed bank sentenced for sanctions evasion
The former top executive at Nodus International Bank in Puerto Rico was sentenced to more than nine years in federal prison after he pleaded guilty to Venezuela sanctions evasion and wire-fraud conspiracy.
RIA buyers are getting more picky. Here’s what they’re looking for
The latest Fidelity Investments M&A report displayed a trend that dealmakers had already been noticing: RIA buyers are getting more selective. But experts say sellers can still stand out with the right attributes, and they must find the right fit in the process.
Moov launches small- bank P2P alternative to Zelle
Moov Money’s collaboration with Visa, Mastercard and Jack Henry enables transfers without accessing a separate app, aiming to attract small banks and credit unions.
Here’s why Fed policy is about psychology as much as money
If the Federal Reserve really wants to control inflation, it first needs to control people’s expectations.
In a first, fintech company cracks U.S. top 50 in deposits
Four and a half years after SoFi acquired a bank, it landed 47th on the list of largest U.S. banks by deposits.
OCC OKs three digital asset firms for trust bank charters
The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.
Why regulation may come for crypto
Kristin Smith, president of the Solana Policy Institute, discusses what to expect in the next year in the world of on-chain finance.
Fed’s Jefferson: discount window reforms help Treasury market
The Federal Reserve’s vice chair outlined the ongoing modernization efforts for the central bank’s lending facility of last resort, including coordination with the Federal Home Loan Banks.