Synapse is working to refine its application programming interfaces to meet know-your-customer and other complex requirements, but it's a tall order, the head of the back-office-services platform says.
In a study of 27 global markets, the U.S. ranked near the bottom for consumer use of fintech, raising questions about why Americans appear reluctant to dive in.
The Senate has confirmed a new president and two board members, giving the U.S. Export-Import Bank the ability to approve loan guarantees of more than $10 million for the first time since 2015.
A partnership between the mobile carrier and BankMobile could help stripped-down banking and deposit transfer services find a footing among U.S. customers.
Having the Federal Reserve Board’s bank supervision chief at the helm the Financial Stability Board cements U.S. leadership on cross-border regulation.
The Treasury Department announced the initiative just as the leaders of the three countries signed a multilateral trade pact to replace the North American Free Trade Agreement.
