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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. Apple locations are usually located in highly trafficked malls and shopping centers.

Apple 131
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Apple Pay Rolls Out To 17 American Credit Unions And Banks

PYMNTS

Add more names stretching across banks and credit unions that have signed up to support Apple Pay. 3) that the tech giant has added another 17 firms in the United States that accept and work with Apple Pay. support Apple Pay. 9to5Mac said Tuesday (Jan. and Switzerland.

Apple 117
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gpi Makes SWIFT Cross-Border Gains

PYMNTS

Through gpi, SWIFT and its community have managed to radically innovate the very core of correspondent banking,” said Chief Marketing Officer Luc Meurant in a press release providing the business update, and where universal update is being targeted for 2020. The application is for a special industrial loan company license.

Utah 134
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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. Industrial banks are not subject to BHA. billion to more than 141,000 firms.

Industry 108
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2021 GonzoBanker Awards

Gonzobanker

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Inspirational?

Fintech 143
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Chime, Uniswap, and the future of finance could soon struggle

Lex Sokolin

It doesn’t have an ILC charter from Utah, or a crypto bank charter from Wyoming, or a straight-up bank charter like Varo, nor has it acquired any banks like Lending Club or Jiko. An arbitrage between Apple and commodity banking capital. But Chime doesn’t sound like a “balance sheet” business. It doesn’t want to be seen as a bank.

Capital 52
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

Dream Exchange, which describes itself as the first minority-owned exchange in the world, intends to launch in 2021 and aims to create a more inclusive trading environment for smaller companies and empower minority communities. INITIAL COIN OFFERINGS. Others, like Goldman Sachs, are investing in technology and new digital products.