After banking crisis, startups rethink what they want in a bank
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
The banking crisis made tech startups rethink what they want in a bank : Silicon Valley Bank served about half of all startups. As fintechs seek out new bank relationships, here are some of the things they are looking for.?
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Three years later: Masks in branches, once outlawed, are here to stay : On the anniversary of the Centers for Disease Control and Prevention 's 2020 pandemic mask guidance, banks and credit unions are striking a balance between health and branch security.
Could a digital dollar make stablecoins more stable? Circle has proposed using central bank digital currencies as part of a backstop to mitigate the same sort of risk that caused its own coin to lose its peg to the U.S. dollar during the run on Silicon Valley Bank.
FDIC sets a framework for selling off Signature's remaining loans : As the Federal Deposit Insurance Corporation (FDIC) seeks a buyer for the remaining assets left out of its sale of most of Signature Bank to Flagstar Bank , the agency has announced $60 billion in deposits — including some New York City commercial real-estate loans — will be on the market by this summer.
PayPal adds Apple Pay to small-business checkout : Responding to growing competition for merchants' loyalty, PayPal has enabled its small-business customers to accept 苹果 's mobile wallet, along with other features previously only available to large enterprises.
Why Santander's subprime auto lender is expanding to customers with higher credit scores : The Spanish banking giant Santander is doubling down on its U.S. operations, unlike other foreign-owned banks that have abandoned efforts to reach American consumers. It's doing so partly by better integrating its large auto lending business with its retail bank.
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