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Federal Reserve Eliminates Specific Program to Police Crypto and Fintech Initiative

Federal Reserve Eliminates Specific Program to Police Crypto and Fintech Initiative

Stated that the “novel activities”  oversight program is not needed
Solving the Trust Paradox: How AI in Banking Requires Trust to Build Trust

Solving the Trust Paradox: How AI in Banking Requires Trust to Build Trust

Many struggle with the mental leap: to trust a machine to improve human interactions
President Claims Discrimination by JP Morgan Chase and Bank of America

President Claims Discrimination by JP Morgan Chase and Bank of America

Says bank had told him he had twenty days to move hundreds of millions of dollars in cash to another bank
GENIUS Act Passes, Establishes Regulatory Framework For Stablecoins

GENIUS Act Passes, Establishes Regulatory Framework For Stablecoins

Trump has signed the long-awaited GENIUS Act into law, establishing a US regulatory framework for stablecoins
US Regulators Issue Guidance for Banks Custodying Crypto Assets

US Regulators Issue Guidance for Banks Custodying Crypto Assets

The OCC, Fed and FDIC released a joint statement on crypto safekeeping services
New York Regulators Revisit Buy Now Pay Later Rules

New York Regulators Revisit Buy Now Pay Later Rules

Regulators will engage BNPL providers to refine New York’s BNPL Act after concerns arose
Senate Advances GENIUS Act focused on Stable Coins Without Amendments

Senate Advances GENIUS Act focused on Stable Coins Without Amendments

The bill to regulate payment stablecoins moves closer to approval without amendment to include Credit Card Competition Act
Fed Official Promises Overhaul of Bank Regulation

Fed Official Promises Overhaul of Bank Regulation

The new financial supervision chief seeks to ease the burden of post-financial crisis regulation
Banking Bodies Lobby Against Cyberattack Disclosure Rule

Banking Bodies Lobby Against Cyberattack Disclosure Rule

Leading banking associations have called on the SEC to axe its controversial rule around the disclosure of cyberattacks
Capital One to Pay $425m Over False Savings Account Interest Claims

Capital One to Pay $425m Over False Savings Account Interest Claims

The lawsuit claims the banks failed to tell customers they could switch accounts for better returns
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