In an era where the digitalization of financial transactions is rapidly transforming industries, Highnote, a San Francisco-based company, is making waves with significant advancements in embedded payments and card issuing. Led by former executives of Braintree, Highnote has recently secured $90
HSBC has recently decided to close down its international payments app, Zing, which was launched just a year ago. This decision is part of a broader strategy to simplify operations and focus on areas where the bank holds a clear competitive advantage. Unveiled in January 2024, Zing was introduced
In recent years, the intersection of presidential politics and financial regulation has become increasingly pronounced, particularly concerning the Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA). This growing influence is largely due to recent Supreme
As President Donald Trump begins his second term, the multifamily housing industry anticipates a mix of risks and opportunities amidst a Republican-controlled government. The GOP's retention of a trifecta in Washington, D.C., allows Trump's administration and financial regulators more
The landscape of Certificate of Deposit (CD) rates as of January 22, 2025, presents both opportunities and challenges for savers aiming to secure competitive rates in a shifting economic context. Recent Federal Reserve rate cuts have influenced this landscape, prompting financial institutions to
In the rapidly changing financial landscape, TD Bank has undertaken a strategic approach to ensure adherence to regulatory lending caps by selling off portions of its loan portfolio. This move underscores the bank's commitment to complying with legal lending limits that are essential for
