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Tag: Customers Bank

Customers Bancorp, Inc. to Host Third Quarter 2023 Earnings Webcast on Friday, October 27, 2023

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI #Earnings–Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM...

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Silvergate, Signature Collapse Leaves Crypto with Few Bank Partners

Foreign Companies Could Fill the Void Crypto’s go-to banks collapsed last week, and it left U.S.-based players in the embattled industry with few remaining...

Circle: ‘This Is a Time of Heightened Uncertainty for the USDC Economy’

Circle Internet Financial (“Circle”), the issuer of the dollar-backed stablecoin USD Coin (USDC), has provided important assurances that should help to calm holders of...

Circle Assures $1 Redemption, Reveals USDC Reserves

Circle assures that USDC holders will be able to redeem $1 for every USDC they have. Circle will use corporate resources including external...

Circle says $3.3B of USDC reserves stuck at Silicon Valley Bank

Circle said it failed to remove $3.3 billion from Silicon Valley Bank. SVB is under FDIC receivership...

USDC Tumbles to $0.93 as Circle Reveals $3.3 Billion Held at SVB, Tether and Binance Not Exposed

Following the second-largest bank collapse in American history on Friday, market participants are worried about which firms might be caught up in the...

USDC issuer Circle releases accountant-verified report

Circle, the company that is responsible for issuing USD Coin (USDC), has made public a report that has been validated by an accountant on...

Key takeaways from USDC $44.5 reserve report

USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently...

Nearly 75% of USDC reserves are held as US Treasury Bills

According to Circle’s most recent reserve report, around 75% of all USD Coin (USDC) reserves are held as US treasury bills.Circle...

TSB partners ID verification firm Onfido to streamline onboarding process

TSB says customers can now open accounts and access mobile banking in 10 minutes.

Customers Bank brings digital asset bankers onboard

Investment "signals we are a serious participant in this space", says CEO.

First mover advantage: How Customers Bank partnered with a fintech to gain a competitive edge over larger lenders

Most banks operate in the stone age, hindered by legacy technology and processes. At Customers Bank, we have been able to compete with some of the largest and most established lenders, growing assets...

Fintech Lenders and Banks Are Ready for PPP Round Two

Round Two of the Paycheck Protection Program got under way today with fintech lenders and banks ready to helpJanuary 11, 2021 By Peter...

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