article thumbnail

U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

article thumbnail

Branch News: BMO Harris Buys Commercial Office, Citizens Bank Adds WV Locations

Banking Exchange

BMO Harris Bank’s new premises will cater for mid-market businesses, while Citizens Bank purchases West Virginia branches Community Banking Feature3 Feature Management M&A.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Santander Adds Three Lending Executives

PYMNTS

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Also, Jennifer Mathissen was named chief marketing officer.

Lending 160
article thumbnail

Brink’s Closes $860M Deal For Majority Stake In G4S

PYMNTS

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company announced on Wednesday (Feb. and several smaller markets. More than 50 percent of the enterprise value is anticipated to close within 60 days.

Virginia 175
article thumbnail

Bay Banks hires former BB&T market president for new strategic post

American Banker

Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.

article thumbnail

PSCU Unveils Enhanced Fraud Services To Help Protect Credit

PYMNTS

“The startup process for Enhanced Fraud Services was completely seamless, and we began to see the benefits of the service quickly,” said Tim Comeau, manager of payment strategy at the State Department Federal Credit Union in Alexandria, Virginia.

Fraud 151
article thumbnail

US Jobless Claims At 1.4M For Second Week

PYMNTS

Greg McBride, chief financial analyst at Bankrate.com, said the virus spread and economic rollbacks in the weeks since do not bode well for the labor market in the weeks and months ahead. economy’s backslide as some states dealt with a resurgence in coronavirus cases and re-closed businesses.

Louisiana 136