Browsing: Banking
Last month I spoke to the Diversity, Equity and Inclusion (DEI) committee of NICSA. During my talk I asked the audience members if they had tried…
Members of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes. By Steven Ehrlich and Nina Bambysheva, Forbes…
That the economy grew at a slightly faster pace than expected in the second quarter doesn’t justify celebrating with an extra round of summer margaritas. This…
Mastercard has requested financial institutions to stop accepting marijuana transactions through pin debit cards. Mastercard’s MA decision to further reduce options for marijuana consumers means they…
Federal Reserve Still Wedded To Preposterous Phillips Curve — And May Make Foolish Decision Tomorrow
The commercial and financial worlds are eagerly anticipating not only what the Federal Reserve will do with interest rates this week but also what hints it…
OBSERVATIONS FROM THE FINTECH SNARK TANK Hurray, instant payments are here! To much fanfare, the Federal Reserve launched its new payments system, FedNow, last week. The…
On the anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, it is important to recognize the transformative changes that have occurred within the…
OBSERVATIONS FROM THE FINTECH SNARK TANK In an article titled Is the Banking Crisis Over? We Are About to Find Out, the Wall Street Journal identified…
For cryptocurrency investors in the U.S., life has gotten more difficult lately. In June, the SEC filed lawsuits against the two largest crypto exchanges, Coinbase and…
In October of 2022, Goldman Sachs started an internal organization called Applied Innovation. The thesis behind its creation was that the intersection between geopolitics and technology…