#fintech #finserv
Bank, Bank holding company, Fractional-reserve banking, Deposit account, Finance, Bank run

ILCs, Brokered Deposits, Robinhood in Trouble

On Dec 17, 2020
@rshevlin shared
RT @mikulaja: Latest Fintech Business Weekly: Reg Briefs MA files complaint against Robinhood Broker deposit rule: good news for fintechs&small banks What do updated ILC rules mean for #fintech? @sytaylor @efipm @rshevlin @sammaule @tektalk @richardturrin https://t.co/fwfPI0snmu #finserv
Open

Introducing: Reg Briefs

On Dec 17, 2020
@rshevlin shared
RT @mikulaja: Latest Fintech Business Weekly: Reg Briefs MA files complaint against Robinhood Broker deposit rule: good news for fintechs&small banks What do updated ILC rules mean for #fintech? @sytaylor @efipm @rshevlin @sammaule @tektalk @richardturrin https://t.co/fwfPI0snmu #finserv
Open

FDIC finishes long-awaited rules on brokered funds, ILCs

FDIC finishes long-awaited rules on brokered funds, ILCs

The revamp of the brokered deposits framework offers relief to banks and their partners that saw the prior rule as outdated. Meanwhile, new standards for industrial loan company parents aim ...

Payments company Square to re-apply for a bank license

Payments company Square to re-apply for a bank license

Square Inc , the payments company led by Twitter Inc chief executive Jack Dorsey...

Troubled Fintech Charter: How More Delays Impact Competitive Situation

Troubled Fintech Charter: How More Delays Impact Competitive Situation

Federal ruling striking down fintech banking charter pleases traditional players and state regulators, but they've won a pause, not a war.

Could Amazon start a bank? The FDIC has opened the door.

Could Amazon start a bank? The FDIC has opened the door.

Says Jeremy Kress, a former Fed lawyer: “A Bank of Walmart or Amazon Bank could easily attract trillions of dollars in deposits, thereby increasing concentration and systemic risks in the ...

SVB Startup Banking

SVB Startup Banking

SVB Startup Banking is designed for founders. We are experts in business banking for startups with connections, advice and solutions available, as you work to reach the next round faster. ...

New Brokered Deposits Rule Promotes Bank-Fintech Partnerships

New Brokered Deposits Rule Promotes Bank-Fintech Partnerships

Acting Comptroller of the Currency Brian P. Brooks today issued the following statement with his vote to support the Federal Deposit Insurance Corporation's (FDIC) new brokered deposits ...

Fintech: Strategic advantages and initial costs for entry into banking

Fintech: Strategic advantages and initial costs for entry into banking

Is fintech banking about to become a viable industry? Learn more about attaining sustainable profitability and generating scale.

When It Comes To Banking, Are We Too Concerned About Regulation?

When It Comes To Banking, Are We Too Concerned About Regulation?

In today's technology-driven world, what can regulation offer that the world of blockchain, crypto and fintech companies can grab hold of?

Fintechs venture further into bank territory

Fintechs venture further into bank territory

In 2018, more traditional banks started their own digital initiatives. This year, fintechs came to the banks' doorsteps. And in 2020, the industry will see how fintechs fare in the ...

Crypto News: Provident Accepts Deposits, ATMs to Sell Bitcoin

Crypto News: Provident Accepts Deposits, ATMs to Sell Bitcoin

The banking industry is warming up to cryptocurrency-focused companies.

Banks seek Congress’ help to block fintech path to ‘industrial’ charters

Banks seek Congress’ help to block fintech path to ‘industrial’ charters

The Independent Community Bankers of America says industrial charters are a loophole in the banking law that Congress should close.

The economic crisis has people worrying about whether their money is safe in the bank. Here’s how to make sure it is.

The economic crisis has people worrying about whether their money is safe in the bank. Here’s how to make sure it is.

The economic crisis has people worrying about whether their money is safe in the bank. Here’s how to make sure it is.

Small banks you've never heard of are quietly enabling the tech takeover of the financial industry

Small banks you've never heard of are quietly enabling the tech takeover of the financial industry

A small group of banks are handling the "financial" side of billion-dollar fintech start-ups.