Browsing: Technology

Newsbytes

While decentralized financial technologies—such as distributed ledgers or online peer-to-peer platforms—can benefit the financial system, they are also likely to pose many regulatory and supervisory challenges, according to a report released today by the Basel, Switzerland-based Financial Stability Board.

Compliance

As the Federal Communications Commission prepares to vote Thursday on a proposal permitting telephone companies to block unwanted calls, the American Bankers Association submitted two letters (dated May 31 and June 3) to the commission explaining how it could result in the erroneous blocking of lawful calls placed by banks.

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