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Federal Deposit Insurance Corp. Chairman Martin Gruenberg said Wednesday he wants to see tailored enhanced prudential standards and increased reporting requirements for specific nonbank financial institutions like open-ended mutual funds, hedge funds, and nonbank lenders, citing their potential systemic risks and the need for improved oversight.
September 20 -
The African American Credit Union Coalition is working with the Louisiana Credit Union League to promote programs for recruitment and career advancement.
September 20 - AB - Policy & Regulation
The new text of the cannabis banking bill includes language that has "papered over" an issue about Operation Choke Point.
September 20 -
Bank executives at the Sibos conference this week discussed how they are using predictive analytics and other technologies, and the fintech partnerships that move them forward.
September 20 - AB - Policy & Regulation
Rep. Andy Barr, R-Ky., chairman of the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, continued to say that the Basel III rulemaking might have violated the Administrative Procedures Act
September 20 -
U.K. regulators rule on complaints about bias from politicians, Brazil's Ebanx extends to India and more in our weekly financial news roundup.
September 20 -
The move, which follows the launch of the service in Brazil and Singapore, taps a market with more than 400 million WhatsApp users.
September 20 -
The payment company is using a new OpenAI tool to expand its shopping and customer service technology.
September 20 -
More elderly consumers are being diagnosed with Alzheimer's and dementia — making them vulnerable to scammers. Financial institutions are seeking special certifications to better equip themselves to help.
September 20 -
As the United Nations General Assembly convenes in New York to discuss global development, delegates must not overlook the importance of financial services for small businesses in emerging economies.
September 20