KANSAS CITY, Mo.–The man best known as the Kansas City Chiefs superfan who dressed like a wolf and called himself “ChiefsAholic” has made his first appearance in a Kansas City courtroom as he faces charges to robbing several credit unions and banks.
Fresh Today
WASHINGTON—The Federal Financial Institutions Examination Council (FFIEC), which includes NCUA, has released updates to several sections of the Bank Secrecy Act/Anti-Money Laundering Examination Manual.
SEATTLE—Amazon announced it will let shoppers pay with their palms at all Whole Foods stores by the end of the year.
BASEL, Switzerland—The Financial Stability Board (FSB) has published its global regulatory framework for crypto-asset activities to promote the” comprehensiveness and international consistency of regulatory and supervisory approaches.”
NEW YORK–Many Americans are expressing increasing optimism about their finances and the state of the banking system.
WASHINGTON–The Merchants Payments Association is back with another event-related example of how it says “swipe” fees are hurting consumers, in this case saying the fees will drive up the price of school and college supplies by more than $3 billion this year.
SAN FRANCISCO–The first class of kindergarteners who were enrolled in a unique program that gave each of them a $50 savings account has now graduated from high school, and the results offer some insights into the lessons learned along the way.
WASHINGTON–Representatives of NAFCU, CUNA and other financial services trade groups met with the Small Business Administration’s Office of Advocacy to discuss automated valuation models (AVMs) and the CFPB Policy Statement on unfair, deceptive, or abusive acts or practices (UDAAP).
WASHINGTON—Legislation that seeks to strengthen anti-money laundering (AML) and counter-terrorist financing (CTF) regulations for the digital asset industry has been has been reintroduced by Sens. Elizabeth Warren (D-MA), Roger Marshall (R-KS), Joe Manchin (D-WV) and Lindsey Graham (R-SC).
MADISON, Wis. –TruStage said it has signed a Memorandum of Understanding (MOU) with the African Confederation of Co-operative Savings and Credit Associations (ACCOSCA).