Editor’s Take The SoFi Checking and Savings Account is a package deal: Sign up for a rewards checking account with low fees and receive an accompanying savings account. The account offers a competitive 0.50% APY on checking and up to 3.80%¹ APY on savings if you set up direct deposit or by depositing $5,000 or
From left: Securities and Exchange Commission Chair-designate Paul Atkins; Comptroller of the Currency-designate Jonathan Gould; Assistant Secretary of Treasury-designate Luke Pettit; and Marcus Molinaro, Federal Transit administrator-designate. Bloomberg News WASHINGTON — The Senate Banking Committee voted to advance the nominations of key bank regulatory roles to the full Senate. The panel approved the nomination of
The Queen City is buzzing with energy, and it’s not just the spring blossoms or the hum of Uptown’s skyline. Charlotte’s banking sector is experiencing a renaissance, cementing its status as a financial powerhouse on the East Coast. With heavyweights like Wells Fargo and Bank of America anchoring the city’s economy, job seekers are finding
The U.S. Senate Banking Committee has voted to advance the confirmations of President Donald Trump’s picks to run the Securities and Exchange Commission and the Office of the Comptroller of the Currency — both key positions for the future U.S. regulation of the crypto sector. The nominations of Paul Atkins to permanently take over the
In recent years, the global banking sector has faced a technological restructuring as financial institutions navigate the integration of application programming interfaces (APIs) into their core operations. These digital connectors, which enable different software systems to communicate, are reshaping traditional banking models and creating new market dynamics across the industry. Moshe Winegarten, Chief Revenue Officer
Open Banking, which is already gaining popularity in Europe and parts of Asia, is now becoming a crucial factor in Africa’s digital financial transformation. The continent’s dependence on mobile money, along with a growing range of fintech solutions, creates a promising environment for Open Banking. According to Agpaytech’s latest research report, this initiative has the
EOS market cap explodes past $1.2 billion as Vaulta reveals four core pillars for the rebranded financial network. The protocol’s 17% staking mechanism dwarfs Ethereum and Solana, boosting EOS’s position as a strong player. EOS announces exSat, a bridge for Bitcoin and a core gateway to the blockchain ecosystem that fosters access to liquidity. The
UBS received 22 awards across various categories, including “The Middle East’s Best for Family Office Services,” “Saudi Arabia’s Best for Family Office Services” regionally, and “The World’s Best for Family Office Services” and “The World’s Best for Next Gen” internationally. Dubai – UBS has been named “The Middle East’s Best for Family Office Services” and “Saudi
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Stock trading platform Robinhood seeks to dive deeper into financial services with the launch of a banking product later this year. Robinhood Banking, set to be rolled out this fall, will offer checking
On March 28, the Federal Deposit Insurance Corporation (FDIC) rescinded Biden administration guidance1 related to state-chartered banks” participation in “crypto-related activities” and published a new interpretation of the scope of permissible crypto activity for the insured depository institutions for which it is the primary regulator (the Crypto Letter).2 As discussed below, while similar to guidance issued by the Office