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BitPay Seeks US Bank License

PYMNTS

BitPay , a cryptocurrency payments firm, has filed to become a national bank in the U.S., BitPay has filed with the Office of the Comptroller of the Currency (OCC) to set up a federally regulated bank called the BitPay National Trust Bank, which will be headquartered in Georgia.

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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

As for easing the path toward financial innovation, there’d always been some consideration of seeking a national banking charter, noted Cagney, especially as the company began building blockchain and blockchain applications over the past few years. “As But a national charter would allow for a uniformity of presence and market scope.

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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. They spoke before the Subcommittee on National Security, International Development, and Monetary Policy Tuesday. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

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The pro-cyclicality of capital ratios and credit supply, a tale of two sizes

BankUnderground

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. In this post, I investigate this hypothesis and study the implications of stricter cycle-sensitive capital requirements under Basel III for these cyclical patterns. Cash 8762 1413.30

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Capital Float Pursues Alt-Lending Collaboration

PYMNTS

Two Indian alternative lenders are partnering up to target the nation’s small- and medium-sized businesses (SMBs). 5) said Tata Capital and Capital Float are teaming up, a deal in which Tata Capital will provide working capital loans to SMBs borrowing through Capital Float’s platform.

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. There are several benefits to community banks in using a loan-level hedge program, but how does a community bank choose a safe solution?

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Community banks’ main goals are to diligently support their local communities and make an acceptable return on capital in these challenging times. There are several benefits to community banks in using a loan-level hedge program, but how does a community bank choose a safe solution?