Interchange revenue constriction for card issuers and banks is likely to result from the settlement between Visa, Mastercard, and U.S. merchants reducing rates and...
The Securities and Exchange Commission (SEC) has introduced
new regulations governing the registration of security-based swap execution
facilities (SBSEFs). This development is a response to the...
The
landscape of proprietary trading, also known as prop trading, has changed
dramatically in recent years, owing to technological improvements, shifting
market dynamics, and regulatory changes. Online...
The Consumer Financial Protection Bureau (CFPB) is currently assessing the use of the Electronic Fund Transfer Act (EFTA) within the context of crypto platforms....
The stocks
of US banks stumbled today (Tuesday) amidst fears of stricter regulations and
possible additional downgrade of several lenders in the country. Specifically, the
S&P 500...
Traditional payment systems that require days-long transaction settlement, high retailer fees, and operational inefficiencies are getting a technology makeover. Led by enabling technologies...
The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million. The SEC generally issues awards ranging between 10%...
The Securities and Exchange Commission (SEC) is facing new controversy, as United States Representative Warren Davidson has announced plans to introduce legislation that would...
The overnight collapse of industry darling Silicon Valley Bank (SVB) sent shudders through the financial services industry. For many, SVB’s implosion was reminiscent of...
The U.S. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities....