Browsing: deposit

The crypto world has a well-deserved reputation for being loose with vocabulary. To most people, the word “token” traditionally means a small representation of low value…

Key insight: House Financial Services Committee Chair French Hill, R-Ark., is taking a wider approach to deposit insurance reform, casting doubt on a swift takeup of…

The proposal to push up some federal deposit insurance coverage to $10 million per account would encourage banks to take excessive risks while leaving consumers with…

Key insight: Deposit insurance reform might move more slowly in the House than the Senate as members expressed concerns about the overall cost. What’s at stake: Some…

There are plenty of ways that lawmakers could help community bankers. Raising federal deposit insurance limits by a factor of 40 isn’t one of them, writes…

Key insight: Senators reduced proposed business account insurance limit from $20 million to $10 million, exempting banks under $10 billion of assets from costs.What’s at stake:…

Key insight: The bill would raise the deposit insurance limit for some business accounts to $10 million, halving the previous $20 million proposal. Forward look: The Independent…

Key insights: Banks are by and large lowering interest rates on deposit accounts.Expert quote: “Until loan growth really comes back in a more significant way, what…

What’s at stake: The deal could strengthen Fiserv’s competitive advantage by bundling deposit services with its core processing, payments and new digital asset offerings.Supporting data: StoneCastle…

Forward look: Deposit insurance reform discussion is being taken up in earnest on the House Financial Services Committee. Key insight: More deposits are likely to not be…