Walmart-backed OnePay adds wireless plans to everything app
Walmart-backed OnePay offers credit and debit cards, high-yield savings accounts, buy now, pay later loans and a digital…
Wise Considers Becoming a Bank in the UK
Payments company Wise is reportedly weighing becoming a full-fledged bank in the United Kingdom. The company has been…
1 in 5 Europeans will retire in poverty without urgent reform, EU watchdog warns – POLITICO
“Automatically, you will be included in the pension funds if you work. If you don’t want that, you…
Trump White House pressures Fed governor Lisa Cook take leave
White House National Economic Adviser Kevin Hassett prepares to give a live television interview at the White House…
USD retraces Jackson Hole losses as markets eye Europe risks – Scotiabank
The US Dollar (USD) is strengthening broadly and meaningfully against all of the G10 currencies as we head…
Tech regulation is our ‘sovereign’ right – POLITICO
The bombshell missive landed just days after Trump and Brussels issued a statement to formalize their tariff truce,…
ECB bets on barnstorming start for digital euro – POLITICO
“The impact on savings and retail banks of the digital euro taking a big chunk of card transactions…
Europe’s economy can’t grow without migrants, Lagarde warns – POLITICO
Lagarde singled out Germany and Spain as examples. Germany’s GDP would be about 6 percent lower today without…
Dutch MPs vote against Palestinian state recognition amid government fallout over Israel – POLITICO
Veldkamp’s colleagues from the centrist New Social Contract (NSC) party also resigned on Friday. Their departure put additional pressure on…
Germany pushes radical loosening of crisis-era rules for smaller banks – POLITICO
Regulation is currently based on the global Basel III accords that were agreed by regulators in 2010, two…
US deregulation drive is ‘dangerous,’ French central bank chief warns – POLITICO
The Trump administration’s push for financial and environmental deregulation is “dangerous,” the head of France’s central bank said.…
Trump calls on Fed Gov Cook to resign over mortgage allegations | Banks News
The resignation calls intensify Trump’s attempts to yield influence over the central bank. United States President Donald Trump…