Category: #Banking

PayPal has been talking about its “super app” plans for some time, having recently told investors its upcoming digital wallet and payments app had been…

Economists expect the pace of economic growth to cool off now that government transfer payments like stimulus checks and emergency unemployment benefits are in the…

Google has faced a somewhat rocky road with the launch of the new Google Pay app. But that’s not stopping Google from diving even further into…

“It’s going to be hard until the situation stabilizes,” said one expert. Source: https://www.nbcnews.com/business/business-news/afghanistan-braces-even-greater-financial-disaster-n1277032 Droolin’ Dog sniffed out this story and shared it with you….

The Biden administration reportedly froze Afghan government reserves held in U.S. bank accounts Sunday, after the Taliban seized the capital city of Kabul this weekend, effectively…

Banks are coming under fire from all sides for their role in funding fossil fuel companies, even though most have pledged to pull back over…

Amazon has plans to accept the cryptocurrency bitcoin by the end of 2021, according to an anonymously sourced report in the London newspaper City A.M….

Sen. Elizabeth Warren (D-Mass.) is reigniting her push for canceling $50,000 in student debt per borrower, arguing the move could “transform an entire generation.””It would help nearly everyone…

In the proposed FY22 Financial Services and General Government spending bill, which includes provisions relating… The post House Appropriations Bill Removes Anti-Marijuana Rider and Includes…

The House on Tuesday failed to pass a bill aimed at ensuring that LGBTQ-owned businesses aren’t facing discrimination when applying for credit.Lawmakers considered the bill,…

The U.S. is starting a national conversation around a central bank digital currency (CBDC). Why it matters: Several other countries have already experimented with or…

The Biden administration announced Friday it is reversing a Trump-era policy and will broaden the ability for state and federal regulators to investigate large student…

More than a dozen Republican state treasurers are threatening to pull assets from large financial institutions if they agree to decarbonize their lending and investment…

Main Street is finally beginning to rebuild from the hurricane that barely glanced Wall Street. Between the lines: Small businesses are always particularly exposed when…

Most banks refuse to service the industry because of federal rules, leaving marijuana sellers to deal with bags of cash. Source: https://www.aljazeera.com/economy/2021/5/24/the-us-cannabis-industrys-one-big-problem-too-much-cash Droolin’ Dog sniffed…

Cybercriminals are waging a war against banks, emptying their ATM machines of money. Their tools of choice are malware, a key from eBay, and a…

A new bill that hit the New York state senate on Monday is aiming to put a multi-year pause on crypto mining operations across the…

Treasury Secretary Janet Yellen has tapped Federal Reserve official Michael Hsu to serve temporarily as one of the nation’s top bank cops, according to two…

In a push to dominate global financial technology, the Chinese government is aiming to roll out the world’s first state-backed digital currency. Why it matters:…

Facebook hopes to launch a trial of its long-stalled digital currency project by the end of this year, according to a new report from CNBC….

Payment app Venmo will now let users buy, sell, and hold four cryptocurrencies, including bitcoin, ethereum, litecoin and bitcoin cash, according to a press release…

The U.S. House of Representatives passed a landmark bill aimed at easing restrictions placed on the cannabis industry. The SAFE ACT (Secure and Fair Enforcement)…