Payments groups want 3.5% remittance levy killed from tax bill
A proposed 3.5% tax on remittance transfers should be killed because it invades consumer privacy and would encourage the use...
Stablecoin issuer Circle, holders seek $624 Million in IPO
Circle Internet Group Inc. and some of its backers are seeking to raise as much as $624 million in a...
TD plans to cut about 2% of workforce amid restructuring
Toronto-Dominion Bank said it will cut about 2% of its workforce as part of a restructuring program begun in the...
Klarna hits 100 million users as revenue and onetime costs jump
Klarna Group Plc reported a $92 million pretax loss for the first three months of the year due to onetime costs...
Stablecoin bill advances in US Senate in big win for crypto
Stablecoin legislation overcame a procedural blockade in the US Senate, marking a major victory for the crypto industry after a...
Capital One finishes Discover acquisition after 15-month journey
Almost 15 months after its announcement, Capital One Financial Corp.’s takeover of Discover Financial Services was officially completed on Sunday,...
Stripe brings stablecoin accounts to more than 100 countries
Stripe Inc. is launching stablecoin-funded accounts in more than 100 countries, allowing merchants to hold funds and pay vendors internationally....
Senator Warren urges Fed to reconsider Capital One deal for Discover
The top Democrats on congressional banking committees called on the Federal Reserve to reconsider its decision to approve Capital One...
Morgan Stanley to offer crypto trading to E*Trade customers
Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, in what would be the...
Capital One deal for Discover wins approval from US regulators
Capital One Financial Corp. received approval from US regulators to buy Discover Financial Services, a deal that creates the nation’s...
