Advanced search

WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) said it will convene a FinCEN Exchange in August 2021 with representatives from financial institutions, other key industry stakeholders, and federal government agencies to discuss ongoing concerns regarding ransomware, as well as efforts by the public and private sectors.

PARIS—In a new report, the European Banking Authority (EBA) has outlined proposals to encourage the adoption and use of RegTech in the EU — which, its providers argue, boosts efficiency and effectiveness and lessens the impact of regulatory changes.

SEOUL, South Korea—South Korea’s four major cryptocurrency exchanges have launched a joint venture ahead of the upcoming implementation of domestic and global anti-money laundering regulations, the companies announced.

SANDY, Utah–A man here has been arrested for allegedly robbing two credit unions using demand notes that both ended with the words “thank you.”

LAWRENCEVILLE, Ga.—As lenders branch out to offer different types of vehicle loans, such as RVs,  Black Book said it is adding specialty vehicles into the firm’s mobile and desktop application, Black Book Cherry.

VENICE, Italy–The ability to assess the risks of climate change, particularly when it comes to financial stability, will be dependent upon comparable, globally consistent and reliable disclosures, as well as upon a broader set of high-quality, relevant data, according to the vice chairman of the Federal Reserve.

ST. PETERSBURG, Fla.–Consumer spending continues to show strength, according to the newest edition of the PSCU Payments Index.

WASHINGTON–While much of the attention given to Federal Reserve Chairman Jerome Powell’s appearances before Congress this week focused on any signals related to inflation and rates, he also spoke to the issue of a central bank digital currency (CBDC).

WASHINGTON—CUNA has told Congress it supports more money for a cooperative funding program and procurement reform at the U.S. Agency for International Development (USAID).