Treasury solicits public input on digital asset development
The request follows an executive order directing agencies to report on the implications of the development and adoption of digital ...
Tag: Technology
NIST releases encryption tools to combat quantum computing threats
The Commerce Department’s National Institute of Standards and Technology this week selected the first group of encryption tools designed to ...
ABA urges CFPB to balance concerns, benefits of AVMs in rulemaking
ABA offered feedback to the CFPB on a recent outline of proposals under consideration for a joint agency rulemaking to ...
Four ways banks can successfully de-risk legacy application cloud migrations
Which applications can be moved safely as they are, which ones should be modernized before they are moved and which ...
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 ...
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 ...
ABA Data Bank: More than Half of Bank Customers Interact Mostly Digitally
According to survey data from Morning Consult, 55% of bank customers primarily interact with their bank digitally, including via online ...
CFPB Outlines Automated Valuation Model Rulemaking Proposals
The CFPB today announced the next step in a joint agency rulemaking to develop quality control standards for the use ...
Brainard: Federal Reserve Needs to Prepare for Payment Landscape of the Future
In remarks at an industry event today, Federal Reserve Governor Lael Brainard said that the Fed needs to be preparing ...
Survey: Real-Time Payments Capability Top Factor in Bank Selection by Businesses
A recent survey by Citizens Financial Group found that 85% of business leaders say real-time payments capabilities is the most ...
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