OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Bank regulators give themselves 72 hours; banks get…
The Federal Reserve, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC) issued a joint statement on July 16, 2026 committing to notify banks of a compromise of confidential supervisory…
Mercury raises $200m at $5.2bn after OCC bank-charter…
Mercury, the business-banking platform for startups, has raised a $200 million Series D at a $5.2 billion valuation — but the more telling number is four: the consecutive years it has been profitable. In a…
Mercury raises $200m at $5.2bn as OCC clears…
Mercury closed a $200 million Series D at a $5.2 billion valuation on May 20, 2026 — up 49% from its valuation just 14 months earlier — and the timing is as instructive as the…
Trump EO orders Fed master-account review for fintechs
The White House has just handed fintechs the policy review they have lobbied for over a decade, but the small print tells a different story: President Donald Trump's executive order of May 19, 2026, "Integrating…
GENIUS Act vs MiCA: the July 2026 stablecoin…
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and the EU's Markets in Crypto-Assets Regulation (MiCA) collide at twin July 2026 deadlines that, between them, separate the global stablecoin issuer base into…
Paxos Gets Preliminary Approval for US Bank Charter
Paxos National Trust has been granted preliminary conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency (OCC). This news means that the OCC has reviewed the firm's…
OCC to Develop DLT-Powered Securities Lending Infrastructure With…
The OCC has selected Axoni, a technology firm that specializes in multi-party workflows and infrastructure, to develop and implement a distributed ledger technology solution to replace its existing securities lending infrastructure. The world’s largest equity…
Agencies issue host state loan-to-deposit ratios
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to…