WASHINGTON—The Biden administration’s nominee to head the Treasury Department’s terrorism and financial intelligence division said he would prioritize efforts to prevent cryptocurrencies from undermining U.S. anti-money laundering laws.
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SINGAPORE—Real-time payments are now as popular as cash as a payment method for consumers in Southeast Asia, according to new research from ACI Worldwide and YouGov.
WASHINGTON–President Biden’s recent sweeping executive order aimed at increasing competition includes a number of provisions related to financial services.
OLYMPIA, Wash.–Washington’s state-chartered credit unions and banks are being urged by their regulator to begin discussions over how to “integrate climate change risks into their governance, risk management, and strategic plans.”
WASHINGTON–Newly released Fed data show the economy continues to rebound quickly from the coronavirus pandemic, with credit unions seeing an increasing share of the consumer credit market over one year earlier.
MOUNTAIN VIEW, Calif.—Google is reportedly in discussions to make an acquisition that would allow it to offer financial services of its own rather than being reliant on partner banks and credit card companies.
WASHINGTON—Financial regulators have assured President Joe Biden the U.S. financial system is in good shape and that financial risks are being mitigated by strong liquidity in the banking system.
BROOKFIELD, Wis.– Fiserv has been named to Forbes’ fourth annual ranking of America’s Best Employers for Diversity, which recognizes organizations that put diversity at the forefront of their company values and have implemented proven long-term initiatives to create an inclusive environment.
BRUSSELS, Belgium—The European Commission is seeking to create a new Anti-Money Laundering Authority (AMLA).
TORONTO–Credit unions looking to build card usage might want to set aside the travel-related incentives for a moment and instead focus on something a little closer to home: family pets.