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Revolut Likely To Apply For US Bank Charter

PYMNTS

European digital bank Revolut , the continent's largest such institution with 13 million users, is close to applying for a U.S. digital banking license, according to a report by CNBC. Revolut's bank charter will be with California, but it will allow the bank to operate anywhere in the U.S.,

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

PYMNTS

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The defendant in the case is Utah resident Daniel F. Putnam, whose businesses — MMT Distributions and R&D Global — and associates — Angel A.

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N26: Cloud-Banking Core Key To Meeting Consumers’ Mobile Banking Needs

PYMNTS

Financial institutions (FIs) worked quickly to ensure they could operate smoothly as the pandemic kept consumers at home and closed brick-and-mortar branches in Europe, the United Kingdom and the United States. Developments Around the Cloud Banking World. The FI officially opened the digital platform to U.S. About the Tracker.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Sigma aims to streamline business operations. Stripe is ramping up its private market investments. TABLE OF CONTENTS.

Online 98
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2021 GonzoBanker Awards

Gonzobanker

Union has been a stalwart of the California marketplace since the ’50s, and this gives Andy Cecere and team a great expansion into the Golden State and also some nice wholesale banking business. Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis.

Fintech 147
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. NEW : Looking for digital banks, lenders or insurance companies serving small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15).

Cards 15
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Top 17 Online Digital Corporate Credit Cards for Small Businesses (Dec 2021)

Fintech Labs Insights

Two have been acquired by large banks, but they will stay on this list as long as they are operated as an independent brand. NEW : Looking for digital banks, lenders or insurance companies serving small businesses? Check out our latest lists: SMB online lenders (33) | SMB challenger banks (12) | SMB insurers (15).

Cards 15