Cross River Bank Faces Scrutiny Over Compliance with Fair Lending Laws
Bank has until May 7 to submit a "work on mistakes" report This is the largest counterparty in the U.S. financial field that has willingly partnered with fintech firms The Federal Deposit Insurance Corporation (FDIC) issued a "consent order" last week. It said Cr ...
Binance.US Struggles to Find Banking Partner to Manage Customer Funds
The US arm of Binance, a major cryptocurrency exchange, is facing difficulties in finding a bank to manage its customers' funds, according to the Wall Street Journal. Signature Bank and Silvergate Capital were previously used by Binance.US, but they have stopped working with the exchange. The ...