The UK-based fintech will lay off around 50 employees and shift its focus to Europe, where it received a banking license in December. US users will reportedly be able to access their accounts by June. Source link
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US Treasury Department Requests feedback on proposed rules regarding GENIUS ActLegislation legalizing payment stablecoins. The National Innovation Guidance and Establishment Act for U.S. Stablecoins was signed into law earlier this year, but questions remain. Treasury notes that under the GENIUS…
The US Department of Justice (DoJ) continues to crack down on fraudulent crypto market makers. On Monday, March 30, the government announced that it had filed criminal charges against 10 executives and employees of four market makers, including Gotbit, Vortex,…
The acquisition, scheduled to close in the third quarter, will create a $5.5 billion asset institution and give Georgia’s Affinity Bank a landing spot after its previous affiliation with a credit union ended. Source link
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In a new report published on March 31, 2026, car trustProvider of accounts receivable automation and payment solutions for business-to-business transactions sheds light on how finance teams are adapting to growing economic challenges. analysis Leverages input from 550 finance leaders…
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Federal Reserve Board member Michael Barr called for caution and strict oversight of stablecoins. During a recent discussion on stablecoin law, GENIUS ActBarr identified the main use cases for the products, including crypto trading, cheaper remittances and overseas savings. However,…
Consumer comfort has reached a level with artificial intelligence tools "turning point," TD Bank’s Ted Paris said this, but they still want human agents to keep an eye on AI recommendations. Source link
