Eleven Financial Research

Wells Fargo | March 04, 2020

Ahead of its scheduled congressional hearings in the coming week, Wells Fargo & Co. debuted the concept of two new bank accounts that set limits on the amount of fees that can be charged to customers. One account will limit overdraft fees to once per month and will come with checks, while the other type of account will have no overdraft fees and will not come with checks, Bloomberg reported. The account with limited overdraft fees will come at the cost of $10 a month, while the option withou...

BITCOIN AND CRYPTO

Okcoin | March 24, 2022

Okcoin, one of the world's largest and fastest-growing cryptocurrency platforms, today announced a partnership with PrimeXM, a leading provider of low-latency connectivity, aggregation, and B2B trading technology. With the integration of PrimeXM's XCore technology, Okcoin is the first cryptocurrency exchange to become a liquidity provider in the XCore community, a global marketplace of 250+ institutional maker and taker firms that transact on average more than $55 billion per day in fore...

BITCOIN AND CRYPTO

BitMinutes Inc | April 26, 2021

Located in Atlanta BitMinutes Inc. (BitMinutes), a financial services technology firm that uses blockchain and pre-paid minutes tokenization to provide financial inclusion to the global consumer, revealed today that it's token (BMT) has been listed on Uniswap, a leading decentralized crypto exchange based on the Ethereum blockchain. "This is a major accomplishment for BitMinutes," said Tom Meredith, the company's CEO and Founder. "Uniswap is a worthy alterna...

Reuters | March 06, 2020

The head of the U.S. Consumer Financial Protection Bureau (CFPB) said on Friday that she is asking Congress to give the regulator power to pay whistleblowers for tips that help them track down wrongdoers. The authority, which would require legislation, would help the CFPB spot abuses, particularly in the area of fair lending, CFPB Director Kathy Kraninger told reporters. The proposal would offer whistleblowers a bounty in exchange for their tip, but only if the information leads to penalties aga...