Regulators have historically been wary of technological innovation in financial services, writes Rodney E. Hood. This is despite evidence that new financial technologies offer powerful solutions to ...
New York Attorney General Letitia James announced a lawsuit against Zelle after the Consumer Financial Protection Bureau dropped its own suit against the bank-owned money transfer app. Our patchwork ...
Congress still needs to pass legislation to address concerns the Financial Stability Oversight Council (FSOC) has about crypto, a new report by the intragovernmental group said Thursday. FSOC, a ...
Most banks are still talking about AI as a feature to “add on,” but beneath the surface, the real transformation is already underway.
The Federal Reserve Board on Friday joined eight other agencies in asking for public comment on a rule that would create data standards for information collected and submitted to financial regulators.
The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) have signed onto a memorandum of understanding to formally share information between each other related to ...
A group of Democratic lawmakers in the House and Senate are calling on heads of the Treasury Department, Federal Reserve Board and other financial regulators to ensure equitable banking access for ...
Among the more than 100 executive orders that US President Donald Trump issued in the first three months of his current term in office, several sought to reform the way US regulatory agencies operate.
Learn how Regulation C enforces annual loan data disclosure by lenders to ensure community transparency and detect discriminatory lending practices.
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The Bank of England, Prudential Regulation Authority and ...
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