The "digital asset receipt," similar to ETFs and ATRs, aims to expedite investing in cybercurrencies; CFO is taking the hit for the Dutch bank's lax anti-money laundering controls.
Applications for SourceMedia's 'Best Places To Work in Fintech 2019' list are now being accepted. To be eligible, applicants must be U.S. financial technology firms, or the technology units of diversified U.S. financial services companies. There is no fee to participate.
The agency said it would not apply the data collection requirement for existing accounts that automatically renew or roll over, such as certificates of deposit or commercial credit cards.
The nation's fifth-largest bank on Monday rolled out a three-month consumer loan that is far less expensive than the typical payday loan. The move comes as regulators are encouraging banks to reach out to the subprime market, which they largely abandoned.