SmartBiz Is First Fintech to Become Bank Since Trump Elected
SmartBiz became the first financial-technology firm to receive regulatory approval to be a bank since President Donald Trump ...
The Fed will update its rate projections Wednesday. Here's what to expect
If market pricing is correct, there’s virtually no chance central bank policymakers budge from the current level of their key ...
Fintech SmartBiz buys Illinois bank
Initially, the fintech considered obtaining its own charter, but decided it made more sense to find a lender open to ...
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Federal Reserve Bank of Chicago
From impactful perks to innovative products, these Chicago companies have a lot to offer technologists eager to carve out an exciting career. Leaders from tms and the Federal Reserve Bank of Chicago ...
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Centrust Bank parent acquired by SmartBiz in $31.5 million deal
The deal for United Community Bancshares marks the first time a fintech firm has received approval to become a bank under ...
Fed rate cut likely to be put on hold at March meeting as trade war uncertainty builds
Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place in 2025.
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper
High interest rates have put pressure on households, but some borrowing costs are starting to ease, even with the Fed on the sidelines.
Fed in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.