The Fintech Times

AUGUST 8, 2025

More hires Thread Bancorp, a FDIC-insured bank, has appointed Marty Miracle as chief digital officer to lead its technology strategy and digital transformation. The collaboration aims to help Solidgate detect suspicious activity, meet compliance requirements, as well as support secure, scalable payments for digital businesses worldwide.

FinTech

Finextra

JUNE 2, 2025

Location Joburg Followers 5 Opinions 22 Follow Unfollow Open Banking has moved from regulatory idea to industry reality, driving transformation by enabling secure, permissioned data sharing between financial institutions and third-party fintechs. Open systems thrive on different components working together.

Finance

Finextra

JUNE 23, 2025

Importantly, it also spells out what stablecoins are not : under this framework they’re explicitly not securities or commodities. It classifies payment stablecoin issuers as regulated financial institutions, pulling them firmly under anti-money laundering and consumer protection rules.

Embedded Finance

Finextra

JULY 28, 2025

As such, they can be independent of the bank and FDIC guarantees do not apply. link] [link] Consumer Impact The Act includes consumer protection requiring firms to hold reserves on a one-to-one basis underlying the stablecoin. Stablecoins are held in an electronic wallet. Most people use a bank account to help manage their money.

Stablecoins

Open Banking Excellence

JULY 8, 2025

helping to shape a more inclusive, efficient, and secure framework as the market evolves. The industry is also actively moving away from screen scraping towards APIs, which offer enhanced security, efficiency, and user experience. The entire ecosystem needs to continue educating consumers on financial data security.

Regulations

Fintech Labs Insights

MARCH 13, 2025

There are two options: Ramp Business Account : A free, FDIC-insured account providing a 2.5% Ramp Investment Account : Access to money market funds with yields up to 4.38%, though these are not FDIC-insured. The founders successful exit with Paribus and the promise of Ramps approach helped in securing early backing.

Push-to-Card

Fintech Weekly

JULY 10, 2025

As more capabilities are created through the continuously increasing use of artificial intelligence (AI) and machine learning, risks to the security of personal financial information will likewise remain constant. Migration to the cloud environment has specific compliance requirements, including scalability and data security services.

Technology

Finextra

JULY 7, 2025

Buying a stock in token form doesn’t mean securities laws vanish. The bottom line: a tokenised stock is still a security, just delivered in blockchain form. This is essentially the security-token offering (STO) concept. Europe has been quite proactive in exploring tokenised securities. stocks to customers outside the U.S.,

Blockchain

Finextra

JULY 28, 2025

The concept of a graveyard shift may enter the lexicon of stock traders as much as it exists for nurses or security guards. Behind every trade is a clearing process (ensuring money and securities actually exchange hands) typically done after market hours. There are clear advantages for institutions in a never-closed market.

Payment APIs and Integration

Fintech Labs Insights

OCTOBER 28, 2024

Digital Banks: The New Wave Pros : Enhanced Digital Experience * More digital tools for conversing with customer service * Intuitive mobile and web interfaces * Real-time notifications and spending insights Quick Setup * Fast online application process * Digital identity verification * No need to visit physical branches * Rapid account approval (sometimes (..)

Small Business

Fintech Labs Insights

MAY 20, 2025

More FDIC insurance Deposits are insured up to $3 million through Thread Bank, Member FDIC Related: Digital SMB Banks: Mercury Increases its Lead Top 13 DeFi, Blockchain and Crypto Conferences in 2025 The Top 18 Accounting Conferences & Events in 2025 This card offers: Cash-back rewards : 1.5%

Payment APIs and Integration

The Finance Weekly

MARCH 16, 2023

These concerns grew on Sunday when New York’s Department of Financial Services closed Signature Bank, in order to “protect depositors” , and appointed the FDIC as the bank’s receiver. Securities portfolios ballooned to $6.26 Securities portfolios ballooned to $6.26 trillion at the end of the first quarter of 2022, up from $3.98

FDIC

PYMNTS

JULY 22, 2020

Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.

FDIC

Payments Source

JULY 17, 2016

FDIC) narrowly avoided disaster when sensitive information for 44,000 agency customers was stored without proper security measures…on a personal storage device. Earlier this year, the Federal Deposit Insurance Corp.

FDIC

PYMNTS

APRIL 11, 2016

In an internal FDIC document obtained by The Washington Post , it was revealed that the data of 44,000 FDIC customers was breached by an employee who left the agency in February. The memo was distributed on March 18 by FDIC Chief Information Officer and Chief Privacy Officer Lawrence Gross Jr. The Federal Deposit Insurance Corp.

FDIC

PYMNTS

MAY 10, 2016

The Washington Post reported that the FDIC is disclosing to Congress the presence of at least five major data breaches that occurred sometime between now and Oct. Though details are still scarce, the FDIC noted that each case was not of the run-of-the-mill hacking variety.

FDIC

Fintech Finance

SEPTEMBER 20, 2024

Member FDIC. The new Savings feature marks the first savings product attached specifically to the newly branded DailyPay Visa Card and provides a vehicle for users to begin a true personal savings initiative, jump-starting and cultivating the habit of saving and long-term financial security. Other fees and limits apply.

Direct Deposit

PYMNTS

MAY 13, 2016

congressional subcommittee spent time yesterday (May 12) during a hearing where the FDIC was questioned about a string of data breaches, including two recent incidents that involved 10,000 sensitive and private data records to be downloaded from workers onto storage devices before they left the agency.

FDIC

PYMNTS

MAY 26, 2016

House lawmakers aren’t letting up on the Federal Deposit Insurance Corporation (FDIC) when it comes to how the banking regulator handled notifications following a slew of recent data breaches. In a joint letter to FDIC Chairman Martin Gruenberg, seen by WSJ , Rep. Lamar Smith (R-TX) and Rep. Earlier this month, a U.S.

FDIC

PYMNTS

DECEMBER 16, 2020

Ternio , a global FinTech platform, has integrated with Plaid , a financial data company, to help Ternio BlockCard bank accounts access faster and more secure connections to financial accounts, according to a press release. customers to activate their FDIC-insured BlockCard bank accounts. dollars between all of their accounts.”.

Accounts

PYMNTS

MAY 28, 2020

Hispanic immigrants have access to actual banking services, the release states, citing an FDIC survey. We are challenging the status quo to ensure immigrant communities get fair and secure financial options.”.

Mobile Banking

Payments Source

MAY 20, 2016

As the Federal Deposit Insurance Corp. grapples with a series of newly revealed cybersecurity incidents, the U.S. government is prosecuting a former agency employee over a 2012 breach.

Cybersecurity

PYMNTS

JULY 15, 2020

With Paxos Crypto Brokerage, companies can leverage our expertise and regulatory compliance to easily and securely integrate crypto into their applications. debut in March, teaming up with Metropolitan Commercial Bank to offer FDIC -insured accounts that can be opened and accessed through smartphones. Revolut made its U.S.

Cryptocurrency

PYMNTS

MAY 15, 2019

The Bank of France is “observing with great interest initiatives in the private sector which aim at developing networks within which ‘stablecoins’ would be used in transactions involving ‘tokenized’ securities or goods and services,” Villeroy said, according to Bloomberg. And SFOX is partnering with New York-based M.Y.

Blockchain

Fintech Finance

SEPTEMBER 9, 2024

Member FDIC, the DailyPay Visa® Prepaid Card is geared to help the everyday worker take control of their finances, manage their money and track spending, all in one mobile app. This gives users an avenue for saving costs on their needed purchases, enabling their money to go further between paychecks.

Direct Deposit

PYMNTS

MARCH 4, 2019

small business loan volume has given its SMB loan portfolio greater than “almost 98 percent of FDIC-insured banks,” citing FDIC statistics on outstanding loans of less than $1 million. Last year, the FDIC warned that the actual value and volume of small business bank loans in the U.S.

Volume

Fintech Finance

DECEMBER 9, 2024

Over 50 industry specialists will take the stage at the 15th Nextgen Payments & Regtech Forum in Austin, covering the latest topics and representing leading organisations such as FDIC, FTA, Payall Payment Systems, Inc., Dow Jones, SEON, PayPal, Ripple, Citibank, Wise, Binance.US, Amazon, eBay, Starbucks, Morgan Stanley, BNY Mellon, J.P.

Office of the Comptroller of the Currency

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. FDIC), the states and the courts. This isn’t the OCC’s first attempt to create a special banking charter that would benefit tech firms.

Office of the Comptroller of the Currency

Finovate

APRIL 10, 2024

Dutch-based digital bank bunq has secured $31 million (€29 million) in new funding. Bunq withdrew its application earlier this year citing issues between Dutch regulators, the OCC, and the Federal Deposit Insurance Corporation (FDIC). to secure approval to operate within the U.S. as part of its expansion plans.

Office of the Comptroller of the Currency

FICO

APRIL 7, 2022

This blog discusses another crucial aspect of financial services, which is secure digital banking and the fundamental duty of banks to make customers feel that their assets are safe. Customers expect financial institutions to provide an ample amount of security and protection. Make security a call to action – a shared responsibility.

Security

PYMNTS

DECEMBER 23, 2020

The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. But it also has to be something that parents see as trustworthy, secure, stable and likely to promote financial literacy. We don't take that lightly.

Financial Literacy

PYMNTS

JUNE 9, 2020

percent APY, an optional auto-deposit, no fees or minimums, and security as “Affirm Savings is FDIC-insured and accounts are held by our bank partner, Cross River Bank, member FDIC,” per the announcement. Now, consumers get the same transparency in a savings account, so they can save more, faster.”.

Accounts

PYMNTS

DECEMBER 2, 2020

Step customers get a bank account that is insured by the FDIC, as well as a secured spending card backed by Visa and the P2P payments platform. Users can transfer funds in real time without any fees.

Financial Literacy

PYMNTS

OCTOBER 31, 2016

which has prompted lawmakers to spend part of 2016 looking into shortfalls in FDIC cybersecurity policies. The breach at the OCC comes after a series of breaches at the Federal Deposit Insurance Corp.,

Office of the Comptroller of the Currency

PYMNTS

MARCH 26, 2020

FDIC) has estimated that 8.4 The Security Aspect. Security, of course, is top of mind and front and center (or should be) when it comes time to send out those stimulus funds, highlighting the appeal of push payments. Prepaid cards also can allow those without bank accounts (i.e. It’s a sizable chunk of the U.S.

Checks

PYMNTS

JANUARY 31, 2019

is set to see its first new community bank in decades, as the Federal Deposit Insurance Corporation (FDIC) lent its approval for MOXY Bank to launch in Washington, D.C. The FDIC’s announcement said a private placement offering will raise at least $25 million for the bank ahead of its launch. .” Bloomberg listed Casey G.

Community Banks

PYMNTS

DECEMBER 16, 2018

Robinhood’s new products aren’t insured by the FDIC but do have the protection of the Securities Investor Protection Corp. Shortly after Robinhood launched the products, questions arose about how the money would be insured and if it would be protected like a bank account that has the backing of the Federal Deposit Insurance Corp.

Checks