FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users ...

On March 11, FDIC Chairman Travis Hill spoke at a banking industry summit, where he outlined a forthcoming proposal that would clarify that ...

The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...

FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

FORT LEE, N.J.--(BUSINESS WIRE)--Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, announced the launch of its automated sweep feature ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

Federal Deposit Insurance Corp. Chair Travis Hill said in a speech Wednesday morning that the agency will move to codify ...

Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...

Automated sweeps into high-yield accounts enable fintechs to offer better returns and enhanced insurance for their customers, with Bluevine leading the way as a pilot client Galileo facilitates the ...