For many of our members, their financial lives do not stop at personal goals, they also include the businesses they are building,” said SoFi CEO Anthony Noto.

The Bethesda, Maryland-based lender admitted to knowingly letting customers engage in a check fraud scheme, and to having lax anti-money laundering controls for more than a decade.

If you know us, this won’t feel like a change,” wrote Eric Glyman of fellow co-founder Karim Atiyeh’s move to the top of the fintech.

More than 140 businesses, including BNY, Visa and Coinbase, lent their backing to a digital asset launched Tuesday by Open Standard, a consortium led by Bridge CEO Zach Abrams.