ABA survey seeks feedback on current core provider experiences

As the OCC considers revising its chartering rules, the agency should seek to uphold strong safety and soundness standards, increase transparency in the chartering process, and move cautiously as new regulatory frameworks develop, ABA said. The association also...

Federal Reserve Governor Christopher Waller provided an update on the feedback the Fed received about a proposal to create “skinny” accounts for payment services, acknowledging that banks and financial technology firms want conflicting things from the proposed service.

The essential ingredients are organized customer data and harnessing that data to produce smarter marketing programs.

The FDIC announced that it will push back to May the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.

Lawmakers reauthorized a voluntary framework for the private sector and government agencies to share information about cyberthreats as part of a larger budget deal.

In his second day of congressional testimony, Treasury Secretary Scott Bessent said he will work to ensure there is “no deposit volatility” associated with a market structure bill for digital assets currently before Congress.