Signet news and trends

Everything But the Crypto: Flagstar Scoops Up Failed Signature Bank
Cryptocurrency // March 20, 2023

One of the crypto sector’s favorite banks, Signature, has a new home.  As of Monday (March 20), the former crypto-friendly lender’s doors are open again across its 40 branches. Unfortunately for the digital asset industry, however, the doors to its crypto business look to be...

Signet Jewelers Face CFPB Action
Retail // December 04, 2017

Consumer watchdog group the Consumer Financial Protection Bureau (CFPB) has notified Signet Jewelers — the parent company of Zales, Kay Jewelers and Jared — that it may take future action against the company for its in-store credit practices. Signet first received the notice in early September, but...

Quick Reads
FDIC Seeks Buyer for Signature’s Signet Crypto Platform

March 29, 2023
Federal regulators want to sell Signet, the failed Signature Bank’s real-time cryptocurrency payment network. A Federal Deposit Insurance Corp. (FDIC) spokesperson told PYMNTS Wednesday (March 29) that the agency wants crypto depositors at Signature to close their accounts and move their funds by April 5. “If the customers with deposits not assumed by Flagstar have […]

Signet Jewelers Face CFPB Action

December 04, 2017
Consumer watchdog group the Consumer Financial Protection Bureau (CFPB) has notified Signet Jewelers — the parent company of Zales, Kay Jewelers and Jared — that it may take future action against the...