treasury

Capital markets infrastructure firm, Options Technology, has bought trading service Fixnetix from DXC Technology. Options wants to “accelerate innovation” with the deal Fixnetix provides outsourced front-office...

President-elect Joe Biden gives a speech in Delaware in early January. Demetrius Freeman/The Washington Post via Getty Images Biden supports $2,000 stimulus checks and they are expected to form part of another...

The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced Friday (January 10, 2021) that the Paycheck Protection Program (PPP-2) will re-open the week of January 11 for new...

Protesters rally to demand economic relief during the coronavirus pandemic. Angela Weiss/AFP via Getty Images TurboTax and H&R Block said they'd fixed issues that were delaying $600 stimulus payments from the...

Federal Reserve Chairman Jerome Powell talks with U.S. Treasury Secretary Steven Mnuchin during the G20 finance ministers and central bank governors meeting in Fukuoka, Japan June 8, 2019. REUTERS/Kim...

Standard Chartered has gone live on Cobalt’s platform for prime brokerage, having signed to its network in February 2020. Standard Chartered invested in Cobalt in July 2020 The multinational bank is also an investor...

The Office of the Comptroller of the Currency, Treasury (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC) recently announced a “Notice of...

UK Finance and card processing networks have called on the Treasury to increase the island’s contactless limit from £45 to £100. As first reported in The Times, the UK no longer needs to follow the €50, or £45,...

One of the biggest stories in crypto right is the news that the Financial Crimes Enforcement Network (FinCEN) branch of the U.S. Treasury is working on cracking down on self-hosted wallets in crypto. A document that...

After falling to the lowest rate in Freddie Mac’s Primary Mortgage Market Survey’s near 50-year-history last week, the average U.S. mortgage rate for a 30-year fixed loan remained at a survey-low 2.67% this...

SoftBank plans to raise up to $525 million with the initial public offering (IPO) of its own special purpose vehicle company (Spac), according to a regulatory filing. Goldman Sachs Group and Citigroup are managing the...

On Dec 18, 2020, The Financial Crimes Enforcement Network (FinCEN), took a step closer to implementing its long-dreaded crypto wallet regulation. What Is the Proposal? Under the proposed rule, crypto exchanges would be...

Something’s going to happen with paper checks, paper invoicing — the whole paper thing on a grand scale — and businesses need to be ready for that eventuality. It’s one definition of “resilience,” of which...

Enlarge (credit: Getty Images) Russian hackers have breached networks belonging to the US government and private organizations worldwide in a widespread espionage campaign that uses the global software supply chain to...

Foreign hackers may be running rampant in the US government. Reuters sources said a group backed by a foreign government stole data from the Treasury Department and the internet policy-focused NTIA. While details are...