3+ hour, 27+ min ago  (61+ words) Custodia's Fed options are limited after court denies rehearing'Banking Dive Don't miss tomorrow's banking industry news Custodia's Fed options are limited after court denies rehearing The Wyoming-based crypto bank can petition the Supreme Court. Or it could reapply to the…...

2+ week, 1+ hour ago  (517+ words) Access to the Federal Reserve's payment system has long been a dream for cryptocurrency firms, including Custodia Bank, which has sued the central bank in pursuit of access. Kraken was granted a master account Wednesday'by the Federal Reserve Bank of…...

1+ mon, 3+ hour ago  (780+ words) The senator says her bill emulates a proposal by the JPMorgan Chase CEO to let states determine their own card interest rate limits. Sen. Elizabeth Warren, D-MA, is pushing legislation to let states limit credit card interest rates " and enlisting…...

1+ mon, 1+ day ago  (555+ words) Banks have lost their hold on mortgage originations in recent years to nonbanks. The Fed is looking at regulatory changes to bring mortgages back into the banking fold, according to Michelle Bowman. Banks are originating a smaller portion of mortgages…...

1+ mon, 3+ week ago  (653+ words) The JPMorgan CEO expects AI will result in the bank employing fewer people in five years, even as the company grows globally. Artificial intelligence's effect on the labor market "may go too fast for society," potentially necessitating government and business…...

3+ mon, 4+ week ago  (732+ words) The deal, rumored to be for "120 million, drew protests from investor IDC Ventures, which said the sale defies shareholder interests. Curve's CEO once projected a $50 billion valuation by 2029. London-based Lloyds Bank will buy the U.K. fintech Curve, the bank announced Wednesday....

4+ mon, 1+ day ago  (698+ words) A filing details stock transactions during "blackout periods" that surround interest rate-setting meetings. The paperwork may shed light on the central bank governor's abrupt August departure. Former Federal Reserve Gov. Adriana Kugler violated the central bank's rules on trading individual…...

4+ mon, 6+ day ago  (495+ words) The first Black and openly gay regional Fed chief is leaving before the central bank's board votes to reappoint the presidents of the Fed's outposts to new five-year terms. A search committee of non-banking members of the Atlanta Fed's board…...

4+ mon, 2+ week ago  (608+ words) The central bank aims to use attrition, retirement and voluntary offers to cut the division's workforce to 350, particularly targeting management layers. The Federal Reserve aims to cut the headcount of its supervision and regulation division by 30% by the end of…...

4+ mon, 4+ week ago  (715+ words) Federal Reserve Gov. Christopher Waller proposed the central bank's staff explore creating a new limited payments account that might be suited to fintechs. Federal Reserve Gov. Christopher Waller has asked the central bank's staff to review creating a payment account…...