June 07, 2024
Federal Reserve Approves VersaBank Acquisition of Stearns Bank; OCC Up...
VersaBank received one of two U.S. regulatory approvals it needs to proceed with its previously announced proposed acquisition of Stearns Bank Holdingford. The Federal Reserve announced its approval of the...
June 06, 2024
White House Launches Working Capital Pilot Program for Small Business
The Small Business Administration (SBA) plans to launch a working capital pilot program featuring a newly structured line of credit for small businesses that is designed to give greater flexibility...
June 06, 2024
US Bank Teams With Greenlight on Teen Bank Accounts
U.S. Bank has launched a partnership with Greenlight aimed at increasing financial education. The collaboration will give eligible U.S. bank customers complimentary access to Greenlight’s debit card and money app, designed to help...
June 05, 2024
Fiserv and Monex USA Collaborate on International Wire Transfers
Fiserv and Monex USA will work together to help financial institutions complete international wire transfers. The companies said in a Wednesday (June 5) press release that Monex USA, a partner...
June 04, 2024
Remembering Anne Riley: A Pioneering Force in Antitrust Law
The antitrust community is deeply saddened by the passing of Anne Riley, who left us on 29 May at the age of 63. Riley was a pioneering figure whose career...
June 04, 2024
Rapid Finance Debuts Updates to Fraud Detection Platform for SMB...
Small business banking platform Rapid Finance has introduced updates to its fraud detection platform Lynx. The platform now has a cloud-based rules engine that lets the company’s enterprise customers create...
June 04, 2024
SBA to Launch Working Capital Pilot Program
The Small Business Administration (SBA) reportedly plans to launch a working capital pilot program that will include government-backed credit lines of up to $5 million. The pilot program is designed...
June 04, 2024
Deutsche Bank and Bitpanda Launch Real-Time Payments for Digital Asset...
Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing transactions of Bitpanda customers in...
June 04, 2024
UAE Proposes AI ‘Marriage’ With US
The United Arab Emirates reportedly hopes to deepen its artificial intelligence relationship with the United States. Omar Sultan Al Olama, the UAE’s AI minister, told the Financial Times (FT) in...