Column Like any good drama, this week provided a recap of several long-running narratives in banking before the industry launches into 2021's latter half.
| The penalty clears the deck for Robinhood to file for an IPO. That prospectus debuted Thursday, but the filing also revealed several investigations against the company and a search warrant to obtain the CEO's phone.
| The account comes with a $4.95 monthly fee. The bank, effective in August, will increase its overdraft threshold to $10 and reduce the number of times a customer can be charged an overdraft fee from five per day to three.
| Keep pace with competitors as well as market demands by leaning into an open banking strategy.
| The bank becomes the second U.S.-based SIFI, after State Street, to form a crypto-centered business this month — at a time when central banks are casting doubt over the tokens' volatility.
| Varo, Square and others seek clarity from the bureau on "disparate impact," while lawmakers debate putting the agency in charge of credit reporting.
| The latest tie-up follows a busy year of deal activity for the U.S.'s largest bank, which is also eyeing growth opportunities in the U.K. and Brazil.
| A $2.5 million investment from Coral Gables-based Amerant Bank accounted for half of a Series A funding round for Marstone, whose CEO says the pandemic has accelerated every institution's digital roadmap. | Featured Resources FROM: Abrigo | Streamline The Lending and Credit Risk Process | | From Our Library Webinar - on demand Docomo |
Webinar - on demand Heady |
View all resources Best of What We're Reading  The Wall Street Journal |
 Bloomberg |
 American Banker |
 Financial Times |
 Bloomberg |
 Financial Times | Upcoming Events July 21, 2021 - July 21, 2021 | Webinar 2pm ET
|
July 28, 2021 - July 28, 2021 | Webinar 2pm ET
| Dive Into a Topic | |
0 Comments