fintechinnews latest fintech news
Four-hour briefing · 4 items
B2B Fintech Briefing: Major Payments Expansion and Regulatory Milestones
- Open USD Stablecoin Launches with Stripe, Visa, and Mastercard
Open USD stablecoin is now live as payments giants Stripe, Visa, and Mastercard open access to the token for businesses.
- OCC Grants Approval for First CEBA Credit Card Bank in 20 Years
The Office of the Comptroller of the Currency has approved the first CEBA credit card bank charter in two decades.
- Federal Reserve Finalizes Changes to Bank Stress Tests
The Federal Reserve has officially finalized updates to its supervisory stress-testing framework.
- Peoples Bancorp to Acquire Maryland's Capital Bancorp for $728M
Peoples Bancorp has announced an agreement to purchase Maryland-based Capital Bancorp in a transaction valued at $728 million.