FDIC’s McWilliams: Clear Rules Needed on Crypto Assets, Stablecoins
The federal banking agencies “plan to issue a series of policy statements in the coming months” addressing “how existing rules ...
Tag: Fintech
Survey: Nearly 60% of Banks Use Manual Tools for Asset Transfers
A new survey by fintech company Delta Data found that almost 60% of banks are using heavily manual processes in ...
New ABA, Accenture Report Examines State of Digital Lending
With the COVID-19 pandemic driving more consumers to online and mobile banking, banks have to meet rising customer expectations and ...
Don’t Increase Burden with Tax Reporting Proposal, Reuter Tells Congress
Testifying before a House Financial Services subcommittee today, bank CEO Jim Reuter said that a controversial proposal by the Biden ...
Banking’s Future Bright, Colorado Banker Jim Reuter Tells Congress
The future of banking is bright, provided the policy environment continues to support growth, bank CEO Jim Reuter said in ...
Treasury Announces Steps to Counter Ransomware Threat
As part of its ongoing efforts to counter the growing threat of ransomware, the Treasury Department’s Office of Foreign Assets ...
ABA’s Tom Greco Assists Banks’ Adoption of Banking Technology
As the COVID-19 pandemic has continued the push for more technology in banking, one of the people working to help ...
ABA to Basel Committee: Limit Undue Barriers for Banks Entering Crypto Market
In a letter to the Basel Committee on Banking Supervision today, the American Bankers Association said that the global financial ...
Fed Issues Paper on Bank/Fintech Partnerships; Bowman Discusses Innovation
The Federal Reserve today published a paper highlighting how community banks can partner effectively with fintech companies.
How a Community Bank Launched a Retail Crypto Platform
Banks of all sizes are hearing from many customers that they want exposure to the fast-growing but volatile cryptocurrency market. ...
