The Financial Crimes Enforcement Network today issued guidance on highlighting the regulatory expectations for nonbank sellers of prepaid cards. The guidance — which addresses frequently asked questions related to non-bank prepaid card offerings — supplements previous guidance issued by FinCEN in 2011.
FOMC sees ‘lack of further progress’ in reducing inflation
Citing a “lack of further progress” in recent months in dialing back inflation, the FOMC announced that it will maintain...