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As lawmakers meet this week to discuss artificial intelligence, they should work with regulators to create universal and workable definitions.
June 28Kabbage Inc. -
The new accounting standard for loan losses combined with an expected rule change around incentive-based compensation could hit bank chiefs in the wallet, according to a new report.
June 28 -
From a race to raise money for the foundation to sponsoring a math tournament, here are some ways credit unions are making a difference in their communities.
June 28 -
Focusing regulatory reforms on risk-based activities is a more effective approach to weeding out potential systemic threats.
June 28Investment Company Institute -
The information you need to start your day, from PaymentsSource and around the Web: Facebook Calibra credit; JCPenney brings back Apple Pay; Grab gets funding; and more.
June 28 -
A court decision brings much needed clarity to the complex world of money transmitter licensing by holding that the transmission of information alone is not engaging in the business of money transmission under Pennsylvania law, writes Anita Boomstein, a partner with Manatt, Phelps & Phillips, LLP.
June 28Manatt, Phelps & Phillips, LLP -
The millions of people displaced by war, famine and other hardships face distinct challenges and dangers when accessing and using money, and these pain points are being addressed by a blockchain-powered payment app that is part of Western Union's accelerator program.
June 28 -
Readers respond to how Congress should address AI, concerns on Facebook's Libra and its logo, a report challenging card fraud prevention and more.
June 27 -
The accounting rules group is weighing whether to consolidate and push back deadlines for smaller firms to comply with credit-loss accounting change in light of concerns they will not be ready.
June 27 -
The CFPB is giving trade groups and consumer advocates another three months to comment on its proposal to change what data is collected under the Home Mortgage Disclosure Act.
June 27