🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

great writeup by Jason in the fintech business weekly! wild

Things I have *not* had to think about at fintech conferences include getting hacked, drugged or kidnapped

Someone should probably send this to Evolve (and the Federal Reserve, for that matter...)

So, 16? 17? years after the bitcoin white paper, crypto found its killer app and it’s… bank deposits? (No shade to Steve McLaughlin FT, it’s a good report, go read it)

The single biggest threat to consumers' financial health right now is the growth of gambling (and speculation, more broadly) in our society over the last 7-10 years. I've written about this before, but I've never talked to an expert in the field about it ... until now. In the

Here is my summary of the Court of International Trade decision today, worth the $0 you paid for it

Tonight’s Capitol Account: a policy story buried in Chime’s recent S-1: The fintech had $1.7B in revenue last year and ¾ of it was interchange, mostly debit fees. The very same charges the Durbin amendment limits. capitolaccountdc.com/p/the-house-th…

Capitol Account Chime Alex Johnson Jason Mikula Scott Talbott Financial Services GOP American Bankers Association Congressman Andy Barr That and so much more in tonight’s edition: *Vance goes populist at bitcoin conference *FDIC’s Hill hopes leverage-ratio rule is coming soon *The lobbying stampede to the White House on Fannie and Freddie Click to subscribe: capitolaccountdc.com/p/the-house-th…

I've asked around, and this photo of Evolve founder Scot Lenoir and Synapse trustee McWilliams appears to be from 2021, during McWilliams' tenure as FDIC chair, after speaking at an industry conference that year. I wouldn't read too much into it.

Ok, which processor is down?

Anyone based in or near Memphis, TN? I need someone to swing by Evolve’s office to pick up some docs. Yes I’m being serious.

Then why did Binance agree to pay a $4.3 billion fine under the Biden admin and its CEO pleas guilty to money laundering charges?

🇺🇸 Mercury CEO immad is treating compliance as an obstacle to overcome rather than a requirement, according to an investigation by Jason Mikula from Fintech Business Weekly. Mikula claims that the neobank for businesses onboarded risky clients like Moscow-incubated Flipper Devices

Hatch Bank FDIC consent order dropped. Not surprising, given Cal DFPI entered into a consent order with the bank in early April stemming from the same 2024 exam.

I guess this place is OK 🤷‍♂️

Welcome to the surveillance state 3.0, powered by Silicon Valley…

Today the CFPB filed its motion for summary judgment, explaining why it now believes the open banking rule is unlawful storage.courtlistener.com/recap/gov.usco…

Why is Alex Johnson trying to trigger me… bummed I couldn’t make it to stablecon, but Alex’s notes offer a good summary!

Cool cool cool cool cool

Was anyone else in that weird micro-generation where ska was cool? Like Reel Big Fish, Mighty Mighty Bosstones, Less than Jake? No, just me?