The Federal Reserve Board’s vice chairman for supervision, urged in a hearing against publishing supervisory stress-test scenarios for banks, told lawmakers that the Fed’s decision will take into account all the comments received on a […]
A timetable of sorts for addressing key regulatory reforms – including those related to bank lending in lower-income communities, anti-money laundering efforts and chartering of companies that provide financial services via the Internet – were […]
Emerging technologies that are “transforming banking operations” is the topic of an all-day forum hosted by the federal deposit insurer next month, featuring participants from banks, technology developers, trade groups and representatives from state and […]
The growth of “fintech” – the offering of financial services through technology, such as the Internet – is driving a call for “improving the framework” of regulation mandating banks’ services to the communities that they […]
Regulations clarifying the role of financial technology entities – or “fintechs” – in making loans and taking deposits are needed, but the types of regulations will depend on the types of “fintechs” they affect, witnesses […]
Hearing entitled “Examining Opportunities and Challenges in the Financial Technology (“Fintech”) Marketplace” Tuesday, January 30, 2018 10:00 AM in 2128 Rayburn HOB Financial Institutions and Consumer Credit Click here for the Committee Memorandum. Witness List […]
The current regulatory environment for “financial technology” (or “fintech”) and whether to modifications are needed to allow financial services providers to use fintech for delivery of new products and services will be considered during a […]
Those who suggest that the regulator of national banks is considering granting charters to non-financial companies are wrong, the acting comptroller of the currency said Thursday – but if a “fintech” company has ambitions to […]
The providing of settlement services is being considered by the Federal Reserve to address “the future needs of a ubiquitous real-time retail payments environment,” a governor of the central bank’s board told a central banking […]
A decision has not yet been made about whether to offer special purpose national bank charters to non-depository “fintech” companies in the business of banking, the acting comptroller of the currency told a Washington audience […]
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