Tag Archives: payments system

Trades Support Fed Proposal to Harmonize Reg J, Reg CC

ABA earlier this week joined three other financial trade groups in offering support for a Federal Reserve proposal to harmonize Regulation J -- which governs the collection of checks or other items by Federal Reserve banks and funds transfers through Fedwire -- with Regulation CC, which implements the Expedited Funds Availability Act. 

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Podcast: Separating Hype from Reality on Bitcoin and Blockchain

Aside from the recent bitcoin mania that is seeing a wave of "initial coin offerings" and goosing the stock value of companies that announce virtual currency plays, the underlying technology -- known as blockchain, or distributed ledger technology -- has attracted significant interest from financial institutions and investors.

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