A new regulatory regime designed to make financial intermediaries more transparent is set to take effect later this year.The Financial Services Futures Trading Commission (FSTC), a U.S. regulator that regulates securities exchanges and brokerages, announced in May that it is issuing new regulations that will require banks and broker-dealers to identify and disclose certain transactions…
Tag: moira financial intermediary
How to use the new financial intermediary app for banks and financial institutions
Banking is evolving at a faster pace than ever before.As technology evolves and new ways of doing business become available, it is important to understand how the financial system works and to make sure you’re up-to-date with the latest financial services and consumer protections.But, as with any industry, there are always new things to learn.In…
Zephyr, a startup that makes financial intermediaries for online payment systems, announces $25M Series A
Zephry, a company that makes commercial financial intermediars for online payments systems, has raised $25 million in Series A funding led by Accel Partners, an investment arm of Accel Investments, a venture capital firm.Zephry is a provider of a suite of tools to financial institutions and online payment processors to help them build and manage…