Bank of England warns of potential crypto crash
The Bank of England is concerned that unregulated crypto growth could end with major price correction with far-ranging consequences. "There...
Payments
Morgan Stanley CEO: ‘I don’t think crypto is a fad’
Morgan Stanley Chief Executive Officer James Gorman is staying respectful of cryptocurrencies. Photo by Bloomberg Mercury “I don’t think crypto...
Dimon sees crypto headed toward U.S. regulation: IIF update
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that cryptocurrencies are going to be regulated as anxiety around...
Banks and real-time payments players team up on cross-border payments
Banks on both sides of the Atlantic have created a high-speed cross-border payments proof-of-concept project headed up by three powerhouses...
Bank of America: Risks, huge potential in cryptocurrency
Before diving into cryptocurrency, Bank of America is dipping a toe in the water with an assessment by its own...
Aussie fintechs rake in more than $621M in funding
Australian fintechs were the darlings of this week’s funding rounds, with three fintechs bringing in more than $621 million. Here...
Wall Street could get four Bitcoin futures ETFs by end of month
After years of waiting for a U.S. Bitcoin ETF, the crypto community may finally get as many as four products...
Vast Bank to offer ‘crypto banking as a service’
Tulsa, Okla.-based commercial and retail community bank Vast Bank is offering crypto banking as a service to banks looking to...
AvidXchange unveils IPO
Payments automation company AvidXchange Holdings Inc. this week filed an initial public offering for its common stock with the U.S....
Alternative payments require AML diligence, oversight
Alternative payment methods have risen with the COVID-19 pandemic, requiring banks and financial institutions (FIs) to ensure they have anti-money...
