Public posts with this hashtag.
Sezzle seeks OCC bank charter
The buy now, pay later provider wants a U.S. charter from the Office of the Comptroller of the Currency amid new state rules.
https://www.paymentsdive.com/news/sezzle-seeks-occ-bank-charter/833847/
Payments DiveSezzle seeks OCC bank charterThe buy now, pay later provider wants a U.S. charter from the Office of the Comptroller of the Currency amid new state rules.
#Stablecoins are essential to the health of the federal balance sheet
Stablecoin issuers back their dollar-pegged assets with short-dated U.S. Treasuries. As the industry expands, they are picking up the slack left by traditional buyers who have soured on U.S. government debt.
American BankerStablecoins are essential to the health of the federal balance sheetStablecoin issuers back their dollar-pegged assets with short-dated U.S. Treasuries. As the industry expands, they are picking up the slack left by traditional buyers who have soured on U.S. government debt.
OCC issues final rule on #Stablecoin framework
The regulation bans direct yield payments to customers from stablecoin issuers, but the OCC said it would “evaluate” third-party yield arrangements on a case-by-case basis.
https://www.bankingdive.com/news/occ-final-rule-genius-stablecoin-yield-gould-bessent-icba/833638/
Banking DiveOCC issues final rule on stablecoin frameworkThe regulation bans direct yield payments to customers from stablecoin issuers, but the OCC said it would “evaluate” third-party yield arrangements on a case-by-case basis.
Ramp seeks bank charter
Ramp applied with the Office of the Comptroller of the Currency for a national trust bank charter last week.
https://www.bankingdive.com/news/ramp-applies-national-trust-bank-charter-occ-fintech-icba/833434/
Banking DiveRamp applies for national trust bank charter from OCCThe fintech announced last week it had raised $1.85 billion in a funding round. Ramp's application comes after a banking trade group sued the OCC over the recent influx of trust charters.
Butter Payments has been sold
The company was purchased last month, said its former chief executive, Charles Rosenblatt, who noted intensifying competitive pressures
https://www.paymentsdive.com/news/butter-subscription-payments-sold-acquisition/833415/
Payments DiveButter Payments has been soldThe company was purchased last month, said its former chief executive, Charles Rosenblatt, who noted intensifying competitive pressures.
Recurring bill service ScribeUp raises $13M
ScribeUp aims to give financial institutions the ability to help consumers stay atop subscriptions and other recurring payments.
https://www.bankingdive.com/news/recurring-bill-service-scribeup-raises-13-million-mackler/833304/
Banking DiveRecurring bill service ScribeUp raises $13MScribeUp aims to give financial institutions the ability to help consumers stay atop subscriptions and other recurring payments.
"Banking app Revolut says its services are up and running again, hours after they failed amid a major internet outage."
https://www.independent.co.uk/tech/revolut-down-google-cloud-live-updates-b3069671.html
The IndependentRevolut services down as Google Cloud apologises for outageThe fintech, which has millions of customers in the UK, was flagging issues affecting multiple services.
IRS finalizes rules for paying taxes via credit and debit cards
Discover how new federal regulations allow the IRS to bypass third-party payment processors.
https://www.accountingtoday.com/news/irs-finalizes-rules-for-paying-taxes-via-credit-and-debit-cards
Accounting TodayIRS finalizes rules for paying taxes via credit and debit cardsThe final regulations allow the IRS to directly accept payments of tax by credit or debit card, without connecting taxpayers to third-party payment processors.
📢 The #w3cTPAC 2026 breakouts schedule is now available!
▶️ https://www.w3.org/calendar/tpac2026/breakout-sessions/grid/
Taking place from 26 to 30 October 2026, these sessions bring the @w3c community together to discuss new ideas and ongoing work across the consortium.
This year, we received 90 proposals covering topics including the agentic Web, #security, documentation, #a11y, #payments, #WoT, #policy, #AI and many more!
Explore the proposals: https://github.com/w3c/tpac2026-breakouts/issues
W3CTPAC 2026 calendar - Breakout SessionsThe World Wide Web Consortium (W3C) is an international community where Member organizations, a full-time staff, and the public work together to develop Web standards.
Businesses view stablecoins warily
Despite the hype surrounding the digital assets, businesses remain cool to using the cryptocurrency, according to the results of a Cleveland Federal Reserve survey.
https://www.paymentsdive.com/news/businesses-view-stablecoins-warily/833006/
Payments DiveBusinesses view stablecoins warilyDespite the hype surrounding the digital assets, businesses remain cool to using the cryptocurrency, according to the results of a Cleveland Federal Reserve survey.
Citizens' payment exec on how banks can coexist with fintechs
#Payments veteran Matt Valente has joined Citizens to help lead business payments and partnerships.
https://www.americanbanker.com/payments/news/citizens-payments-exec-discusses-fintech-competition
American BankerCitizens' payment exec on how banks can coexist with fintechsDigital-focused companies like Square, Stripe, PayPal, Brex and Ramp have made luring merchants from banks a big piece of their strategies. Matt Valente, the bank's new treasury and wholesale payments SVP, spoke with American Banker about where he sees space for banks.
