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Many Americans are preparing for a digital financial future, research shows, while a California bank is using bitcoin as loan collateral
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania
Ruling will block credit unions and other non-bank entities from banking M&A
Cross River Bank, First National Bank of North Arkansas and Bellwether Credit Union have all partnered with fintech firms
The bank is increasing its research into digital currencies in partnership with MIT
The ABA and others have warned that those without electronic payment means will be hit hardest
The OCC found repeated violations of loan regulations had taken place since 2013
First large United States bank trading crypto by trading a non-deliverable option with merchant bank Galaxy Digital
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Dana Weinstein,
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Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...