PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. The federal banking system is, and should be, a source of strength for the nation and its economy. Amid these fluctuations, the U.S.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

OCTOBER 11, 2018

In about three hours, $13 billon of value was wiped out of the crypto market as the values of major digital currencies plunged. Today’s drop happened as financial authorities are warning about a possible economic threat. HK/SIN time, CNBC reported. Ethereum, XRP and bitcoin are far from their highs. as of 9:38 a.m.

Marketing 49

Marketing Concentration Currencies Financial Systems 49

PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. Ten years after bitcoin launched, it remains the go-to currency of criminals and a way for cybercrooks to wash their money. The end of this month, Oct.

Currencies 85

Currencies Concentration Financial Systems Leverage 85