Generative Data Intelligence

Tag: 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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Binance Marks Record Year with 40M New Users in 2023

Cryptocurrency exchange Binance saw significant growth in its user base in 2023, according to its recently released year-end report. The company added over 40 million registered users...

Compliance isn’t just for banks

Financial institutions are zeroing in on compliance when evaluating fintech partners. Nearly three-quarters (72%) of banks and credit unions cite compliance as their top...

Best Stablecoins, Rated and Reviewed for 2024

USDC 5.0The USD Coin was developed by the Centre consortium founded by Circle, a peer-to-peer payments company based in Boston, Massachusetts.Read our review USDT 4.5Tether...

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...

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