1/24/2025 5:53:41 PM Following Monday’s Inauguration, Leadership of Banking Agencies Under Trump Is Uncertain By Melissa Hall Although the Trump administration has announced a number of cabinet and agency leadership nominees, there has been a curiously...
12/19/2024 5:16:10 PM Unlocking Rewards: CFPB's New Guidelines for Credit Card Perks in 2024 (CFPB Circular 2024-07) By Eyvonne Mallett On December 18, 2024, the Consumer Financial Protection Bureau (CFPB) issued Circular 2024-07, emphasizing the application of the...
12/11/2024 12:28:09 AM FDIC Enhances Oversight on Fintech Partnerships By Eyvonne Mallett The Federal Deposit Insurance Corporation (FDIC) has ramped up its tracking of fintechs partnering with banks to identify potential...
11/12/2024 9:52:29 PM What to Expect from Bank Regulation in the Second Trump Administration By Melissa Hall As the planning for the transition to a second Trump administration begins, so are discussions and forecasts regarding what the...
7/11/2023 4:41:43 PM Twitter: New Player in the Money Transmitter Business By Eyvonne Mallett Last week, New Hampshire, Michigan and Missouri approved Twitter's application to serve as a money transmitter, laying the groundwork for...
7/7/2023 8:00:07 PM Federal Reserve Introduces Instant Payment Service: FedNow By Eyvonne Mallett Last week, the U.S. Federal Reserve (the Fed) announced that 57 financial institutions (banks and service providers) have been certified...
6/29/2023 7:21:18 PM No Fireworks Celebrations This July 4th for U.S. Broker-dealers that Disseminate Research to EU and UK Clients By Stephen Cohen Effective July 4, 2023, broker-dealers in the U.S. will no longer be able to receive “hard dollars” for providing research to EU or UK...