FDIC hands big banks a climate framework: The US regulator wants large financial institutions (FIs) to anticipate risks connected to climate change. The document could also serve as an action plan to execute on pledges.
Despite their extensive climate commitments, banks invested $742B in fossil fuel companies during 2021.
N26 barred from adding customers in Italy: The Bank of Italy’s decision follows an anti-money laundering (AML) review. The Germany-based neobank faced similar troubles in its home market.
Fiserv strikes open banking collab with Finicity: The deal will let financial institutions (FIs) offer data-sharing to consumers, helping smaller players better compete with fintechs.
Connecting to the mobile bank-to-bank system lets Slice increase payment options and capture a larger share of volume.
Rohit Chopra’s proposed punishments for recidivists range from loss of FDIC coverage to breakups.
The Victoria’s Secret Mastercard rollout follows the issuer’s digital-focused rebrand.
Robinhood extends trading hours: Catering to users with scheduling conflicts isn’t enough by itself to help the US digital brokerage boost volume.