Fintech, Climate Change Rank High on FSB’s 2022 To-Do List
The Financial Stability Board today outlined its work priority areas for 2022, including a timeline for the publication of a series...
Technology
Survey: Banking as a Service Expected to Reach $7 Trillion Value by 2030
Banking as a service—where organizations provide retail banking products using an existing licensed institution’s infrastructure—is expected to reach a value...
Podcast: Step-by-Step IT Transformation at a Community Bank
At a community bank with limited staff and resources, tech transformation is all about setting priorities.
OCC’s Hsu Says Crypto Education Urgently Needed
Acting Comptroller of the Currency Michael Hsu told the Financial Literacy and Education Commission that there is “an urgent need...
Biden Signs Executive Order to Advance Digital Assets, Explore CBDC
President Biden today signed a long-awaited executive order directing government agencies to take “concrete steps” to advance the use of...
Rep. McHenry: Congress Must Lead on CBDC
Speaking at the American Bankers Association Washington Summit today House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) outlined his...
Crypto, Stablecoins Top Rep. Waters’ Agenda for 2022
The House Financial Services Committee will increase its focus on cryptocurrencies, including stablecoins, in 2022, Committee Chairwoman Maxine Waters (D-Calif.)...
Powell Signals Fed to Move Forward with Interest Rate Hikes
Federal Reserve Chairman Jerome Powell told members of the House Committee on Financial Services today that he expects the Fed...
GOP Senators Re-Introduce ABA-Backed E-Sign Modernization Bill
The American Bankers Association this week welcomed the re-introduction of a bill authored by Sens. John Thune (R-S.D.), Jerry Moran...
Fed Proposes Tiered Review Framework for Payments System Access
The Federal Reserve today published for comment updates to the proposed guidelines it will use when evaluating requests for master...
