ALBANY, N.Y.–New York’s Acting Superintendent of Financial Services, Adrienne A. Harris, has requested that New York State-chartered banks and credit unions voluntarily waive wire transfer and processing fees associated with Holocaust reparations payments.
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WASHINGTON—The Federal Housing Finance Agency (FHFA) has issued a final rule for the government sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, that establishes housing goals for 2022-2024.
ALBANY, N.Y. – Gov. Kathleen C. Hochul has signed into law credit union-supported legislation that will allow for the permanent use of remote electronic notarizations in New York.
WASHINGTON–The Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) is seeking nominations for new members of its Bank Secrecy Act Advisory Group (BSAAG). New members will be selected for three-year membership terms.
TORONTO–A new analysis of consumer spending during 2021 shows the number of trips by consumers to the grocery store has increased, more money has been spent on baking, travel expenditures have soared among Americans but declined among Canadians, and more.
WASHINGTON— The Consumer Financial Protection Bureau has taken action against Access Funding and two executives.
SAN FRANCISCO–The nation’s biggest banks are temporarily closing branches across the country as they cope with labor shortages and ongoing complications from COVID-19, including the arrival of the new omicron variant.
BROOKFIELD, Wis.–A new survey from Fiserv confirms the rapid growth of fintechs, and says the reason is the companies’ abilities to enable money management by filling needs for specific capabilities, such as checking credit scores and buying cryptocurrency.
WASHINGTON—The Federal Communications Commission (FCC) has issued an order that allows voice service providers to use Session Initialization Protocol (SIP) Code 603 (in addition to SIP Codes 607 and 608) beyond Jan. 1, 2022.
SAN FRANCISCO–Visa has launched a new consulting and advisory services it said is designed to help its clients navigate the world of cryptocurrencies.