FHFA seeks input on fintech in housing finance; establishes fintech office
The Federal Housing Finance Agency is seeking feedback on the role of financial technology in housing finance and the risks ...
Tag: Fintech
Podcast: A community bank CEO’s perspective on cloud migration, climate risk
Cloud migration was a big deal for banks before COVID, but it kicked into a higher gear than ever as ...
ABA: Digital asset regulation must support, not hinder private-sector innovation
As U.S. policymakers consider how to regulate digital asset technologies, ABA called on them to “remain vigilant and deliberate” to ...
ABA raises concerns about digital asset regulation bill
Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) today introduced the Responsible Financial Innovation Act—a bill that would create a regulatory framework for digital ...
CFPB overhauls Office of Innovation to focus on ‘promoting competition’
The CFPB today announced that it will open a new Office of Competition and Innovation. This new office will replace ...
Podcast: How a CBDC would ‘fundamentally rewire our economy’
In a special bonus episode of the ABA Banking Journal Podcast, ABA's Rob Morgan digs into the association's comments on ...
Groups publish AML best-practices compliance guide for MSBs
A group of money services businesses, working with other interested parties including the American Bankers Association, issued a best-practices guide ...
Fed report: Banking system remains strong, assessing of fintech risk ramps up
The banking system remained strong overall, with robust capital and liquidity and improved asset quality in the second half of ...
Survey: Crypto gaining mainstream market trust
According to a recent survey, around 80% of institutional investors believe that cryptocurrency investments are likely to overtake many traditional ...
CFPB to examine nonbanks for consumer risks
The Consumer Financial Protection Bureau today said it would invoke a “largely unused” authority under the Dodd-Frank Act to directly ...
