London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others
Fnality International Ltd., a UK-based blockchain-payments company, has raised $136 million in a funding round led …
Sources: companies co-owned by JPMorgan Chase, BOA, Citigroup, Wells Fargo, and other large commercial banks are exploring whether to issue a joint stablecoin
The discussions involve payments companies co-owned by JPMorgan Chase, other large banks — The nation's biggest banks …
Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance
but when it comes to stablecoins in the U.S., that's exactly what we're witnessing. …
Sources: BOA, principally lobbying through trade associations, is pushing US lawmakers for rules favoring banks over tech companies in stablecoin issuance
- Bank of America is lobbying for rules favoring banks over tech firms in stablecoin issuance. — Circle is positioning itself …
The CFPB sues Zelle operator EWS, JPMorgan Chase, BoA, and Wells Fargo, alleging that customers lost $870M+ to fraud since the launch of Zelle in 2017
The Consumer Financial Protection Bureau on Friday sued the operator of the Zelle payments network and the three U.S. banks …
How startup founders are reacting to Silicon Valley Bank's collapse, as some worry about frozen funds, operating expenses, and paying employees full salaries
'The Silicon Valley Bank (SVB), a leading lender to startups and venture capitalists … Bloomberg : Khosla Ventures Tells Some Startups Firm Will Cover Payroll South China Morning Post : China joint ve...