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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

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Japan’s Central Bank Chief Presses For Global Effort To Regulate Libra 

PYMNTS

The creation of money will “strictly remain the province of sovereign nations,” CoinTelegraph reported. The task force – made up of the Bank of Japan, the Ministry of Finance and the Financial Services Agency – met ahead of the G7 conference of finance ministers in France from July 17-18.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. With our team of eight members at the conference, we were able to provide comprehensive coverage and distill the ten most essential insights for you.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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GonzoBanker Awards 2017

Gonzobanker

While the darling of FinTech conferences, this divestiture seems primarily driven as a means of Customers delaying the $10 billion Durbin hit and maintaining quarterly EPS expectations from the Street. Brilliant Conference Idea Award – Goes to CSI for its Wall o’ Donuts during session breaks. At a banking conference.

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The 2018 GonzoBanker Awards

Gonzobanker

PNC made a Gonzo move with a national digital expansion in 2018 with the unique idea of building a small number of branches in target metro markets like Kansas City and Dallas. CenterState Bank Corporation and National Commerce Corporation merge to create a $16+ billion southeastern player. GonzoBanker of the Year – Large Banks.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

He gave a press conference and was confident and concise. Facebook continues to be whipsawed and other major names like Google, Amazon, Netflix, and Microsoft fell in sympathy with their social media favorite. During March, we also had the opportunity to see new Fed Chairman, Jerome Powell, in action.