Browsing: Technology

Newsbytes Trades to CFPB: Banks provide superior customer service

The American Bankers Association joined the Consumer Bankers Association and Bank Policy Institute in asserting that banks provide superior customer service through a variety of channels and tools—including branches, online, mobile applications and telephone—in a comment letter submitted today.

Newsbytes Fed issues guidance for banks seeking to leap into crypto

In a supervisory letter issued yesterday, the Federal Reserve said that Fed-supervised banks seeking to engage in activities related to cryptocurrency and other digital assets must first assess whether such activities are legally permissible and determine whether any regulatory filings are required.

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