PYMNTS-MonitorEdge-May-2024

state street

State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second United States bank on the list of oldest banks in continuous operation; its predecessor, Union Bank, was founded in 1792.

Source: statestreet.com

Today In Digital-First Banking: Bank of America Rolls Out Pay To Card; State Street Considers Crypto ETFs
Today In Digital-First Banking: Bank of America Rolls Out Pay To Card; State Street Considers...
June 11, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, Bank of America is expanding its business-to-consumer (B2C) payment offerings, while State Street’s exchange-traded funds business is considering...

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State Street Mulls Crypto Exchange-Traded Funds
State Street Mulls Crypto Exchange-Traded Funds
June 11, 2021  |  Cryptocurrency

As firms such as ETC Group and 21Shares launch, or plan to launch, bitcoin exchange-traded products (ETPs), State Street’s exchange-traded funds business is mulling how it...

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Bitcoin Daily: Diginex, UN Agency Unveil Blockchain Tool Rollout; State Street Joins Forces With Gemini Exchange
Bitcoin Daily: Diginex, UN Agency Unveil Blockchain Tool Rollout; State Street Joins Forces With Gemini...
December 18, 2019  |  Bitcoin

Blockchain firm Diginex and the United Nations Migration Agency announced the rollout of a tool that is based on the blockchain in an effort to...

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FI’s $52 Trillion Threat
FI’s $52 Trillion Threat
April 15, 2019  |  Banking

Shadow banking now has $52 trillion in assets under its belt. FinTech firms are crowding financial services’ flanks, looking for customers who crave mobile means...

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Why State Street Wants To Use AI On “Almost Everything”
Why State Street Wants To Use AI On “Almost Everything”
July 20, 2018  |  Digital Banking

FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS...

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NEW REPORT: State Street Chief On Cost-Benefits Of AI
NEW REPORT: State Street Chief On Cost-Benefits Of AI
July 19, 2018  |  Digital Banking

Banks are increasingly turning to AI as they look to gain an edge over their competition. In fact, over 80 percent of banks with more...

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State Street Corp. Ex-EVP Accused Of Wire Fraud
State Street Corp. Ex-EVP Accused Of Wire Fraud
June 05, 2018  |  Legal

A former executive at State Street Corp. is set to stand trial for allegedly defrauding the bank’s clients by charging them secret commissions on billions...

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State Street Agrees To Pay $35M To Settle SEC Charges
State Street Agrees To Pay $35M To Settle SEC Charges
September 08, 2017  |  Legal

The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it...

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State Street Settles Secret Commission Charges, Pays $64.6M
State Street Settles Secret Commission Charges, Pays $64.6M
January 19, 2017  |  Security & Fraud

State Street, the investment firm, has settled with U.S. investigators, agreeing to pay $64.6 million on claims it defrauded clients via secret commissions on trades....

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