Generative Data Intelligence

Tag: Federal Reserve System

Court rules Custodia Bank not entitled to Federal Reserve master account

A Wyoming court has ruled against Caitlin Long’s Custodia Bank by determining that the lender is not entitled to a Federal Reserve master account.In...

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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...

Weekly Market Wrap: Bitcoin falls below US$27,000 following CPI and Israeli conflict

Bitcoin fell 3.45% in the week from Oct. 6 to Oct. 13, while Ether reached a seven-month low of US$1,524. The cryptocurrency market has...

Reuters: Federal Reserve Announces Job Cuts

Despite public reassurances about the robustness of the U.S. economy, the Federal Reserve is preparing to downsize its workforce, according to Reuters. The central...

US Lawmakers Push Forward on Digital Dollar-Blocking

Under Chairman Patrick McHenry’s leadership, the United States House Financial Services Committee has been making deliberate moves that seem poised to hinder the development...

Jim Cramer’s Alert: Prepare for Market Shocks After FOMC Press Conference on Sep 20

Jim Cramer, the host of CNBC’s “Mad Money,” recently discussed various topics affecting the stock market, from the Federal Reserve’s upcoming FOMC meeting to...

Decentralization and democracy: Three centuries of debate

On this day, September 17th, 1787, delegates from all over the former British colonies in North America gathered at Independence Hall in Philadelphia, Pennsylvania,...

Disrupting the disruption: where banking is heading next

The first wave of Banking-as-a-Service (BaaS) interrupted the financial services supply chain by disrupting the last-mile delivery of financial products. Where banks used to...

Cryptocurrency Regulatory and Legislative Analysis #12

Cryptocurrency Regulatory and Legislative Analysis #12August 2, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBIS claims there could be over 20 active CBDCs by 2030A...

Federal Reserve Governor Michelle W. Bowman Stresses Banking Supervision including Digital Assets

Governor Michelle W. Bowman, a member of the Board of Governors of the Federal Reserve System, emphasized the need for a responsive and responsible...

Dubai FinTech Summit Concludes with 5,300 visitors; confirms second edition for May 2024

DUBAI, June 21, 2023 - (ACN Newswire) - Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region,...

Harnessing the Power of Digital Marketplaces

The Rise of Embedded Finance and Open Banking Bidding to serve a new generation of buyers, FinTech companies seek to redefine how financial services...

Noncash Payments Continue to Grow in the U.S.

Noncash payments in the U.S. continue to grow, with the total value increasing at a rate of 9.5% per year 2018 to 2021,...

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