September 22, 2022
Group of 9 Banks Pitches USDF Token as Stablecoin Alternative...
There has been a lot of pushback in Congress to the argument that all stablecoins should be issued by Federal Deposit Insurance Corporation (FDIC)-backed, federally insured banks, particularly by members...
September 21, 2022
Nasdaq to Launch Crypto Custody Service for Institutional Investors
Nasdaq has announced a new business, Nasdaq Digital Assets, which will promote institutional participation in digital assets, a press release said Tuesday (Sept. 20). This will provide “trusted and institutional-grade...
September 20, 2022
Sardine Raises $51M for Fraud Prevention Solutions for FinTechs, DeFi
Sardine, which provides fraud, compliance and instant settlement solutions, has gotten $51.5 million in Series B financing, which will go toward product development and marketing and sales worldwide, a press...
September 20, 2022
DOJ Seeks to Double Jail Time for Money Transmission Crimes
Buried in the U.S. Department of Justice’s crypto crime report last week was a call for Congress to double the criminal penalties for any unlicensed money transmitting violations from five...
September 19, 2022
US Takes Indirect Aim at Anonymity-Focused Crypto Coins
The most notable thing about the cryptocurrency exchange Huobi’s decision to delist seven anonymity-focused “privacy coins” beginning Monday (Sept. 19) is that it comes just two months after it acquired...
September 16, 2022
Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
After six months of work, the U.S. Treasury Department has released a trio of reports on cryptocurrency policy, and instant payments are high on the agenda. In the first of...
September 14, 2022
Deciphering the Alphabet Soup of Crypto Regulation
If you granted one wish to virtually anyone doing business in the cryptocurrency world, and especially those involved in making payments and transferring money, they would likely ask for regulatory...
September 13, 2022
Nicholas Quaid, Who Helped Develop Crypto Legislation, Leaves DOJ
Nicholas Quaid, who helped develop the regime surrounding crypto crime legislation, is leaving the Department of Justice, Coindesk wrote. Quaid will depart his current role at the end of this...
September 13, 2022
62% of Large Banks Report Increases in Financial Crime
Fraud’s rise has touched the majority of businesses and financial institutions (FIs) — and many are struggling to find ways to address the increasing sophistication of criminal attacks. While our...
The Credit Union Innovation Playbook, in collaboration with PSCU, delves into the innovation agendas of players in the credit union ecosystem. Each edition of the Playbook hones in on a specific innovation focus, exploring the differences between how credit union members and leaders prioritize innovation in four select areas: risk and fraud, digital banking, data and analytics, and loyalty.