Old Glory Bank raises $8M, chides Fed over blocked deal
The capital raise was forced after a planned merger with a special purpose acquisition company failed to receive the Federal Reserve's approval.
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@alexisrjimenez.bsky.socialOld Glory Bank raises $8M, chides Fed over blocked deal
The capital raise was forced after a planned merger with a special purpose acquisition company failed to receive the Federal Reserve's approval.
@alexisrjimenez.bsky.socialToast adds fuel payments
Toast Fuel allows customers to run gas payments inside the store and at the pump alongside foodservice and general retail sales
@alexisrjimenez.bsky.socialThe $3.5 billion-asset Bank of Ann Arbor is acquiring Huron Valley Bancorp. The $52 million, all-cash deal is the bank's third in suburban Oakland County, since 2017, but also its first whole-bank acquisition in five years.
@alexisrjimenez.bsky.socialDOJ won’t reopen Powell probe
However, there’s “more work to do to understand” how the Fed’s renovation project became so expensive, AG Todd Blanche told Bloomberg TV.
@alexisrjimenez.bsky.socialFrozen or stolen? BofA customer struggles to get money back
A gold dealer's 18-month ordeal reflects the few protections customers have when banks decide to freeze or close their accounts.
@alexisrjimenez.bsky.socialICBA sues OCC over trust charters
The Independent Community Bankers of America alleges in a new lawsuit that the Office of the Comptroller of the Currency has exceeded its authority in widening its ability to grant trust charters.
@alexisrjimenez.bsky.socialTXSE Group raises $430m in total capital
Backed by heavyweights including BlackRock and JP Morgan, the electronic challenger closes its third funding round ahead of onboarding its first corporate listings this month.
@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialCrypto exchange fraud is rising as scammers use phishing, deepfakes and social engineering. Here’s why attacks are growing and how to reduce them.
@alexisrjimenez.bsky.socialPFM app Monarch buys banking infrastructure firm MBI
MBI previously operated as consumer fintech HMBradley before shifting its focus to B2B services in 2023.
@alexisrjimenez.bsky.socialNubank shuts down rumors it's buying Monzo
Nubank filed a Form 6-K with the SEC this week to confirm that it is not planning to acquire the digital bank Monzo after media reports.
@alexisrjimenez.bsky.socialA Shinhan Bank cyberattack has exposed personal and financial information belonging to about 25k customers in South Korea
@alexisrjimenez.bsky.socialLa Caisse tightens control over fintech FNZ after Blythe Masters’ exit
Canadian pension fund has overhauled company’s management after losing faith in turnaround effort
@alexisrjimenez.bsky.socialFed extends deadline for Regulation O comments
Based on industry feedback the Federal Reserve pushed back the commentary deadline from Oct. 5 to Nov. 4.
@alexisrjimenez.bsky.socialFDIC ends independent monitorship of workplace culture
A 2024 review found pervasive harassment, discrimination and other misconduct; an OIG report in March said workplace culture problems continued into 2025.
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@alexisrjimenez.bsky.social@alexisrjimenez.bsky.socialOpen banking fintech Trustly cuts 200 jobs globally
The company is cutting around a quarter of its global workforce after a 16.8% revenue drop widened net losses in 2025, even as it eyes further US expansion with a new CTO.
@alexisrjimenez.bsky.socialDOJ accused of withholding interview with an Epstein banker
Sen. Ron Wyden is demanding the immediate release of all FBI interviews with employees at JPMorganChase, Deutsche Bank and Bank of America.
@alexisrjimenez.bsky.socialJeeves secures $110m Series C-1 funding for #Stablecoin platform expansion
Jeeves will use the capital to launch digital wallets, open a Madrid office, and expand its corporate card footprint to 10 new countries.
