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Wednesday, May 21st, 2025

Home » Archives for November 2024 » Page 4

CFTC issues customer advisory warning of texting scams

By Melina Druga  |   November 5, 2024   |   Industry

The Commodity Futures Trading Commission’s Office of Customer Education and Outreach recently issued a customer advisory alerting messaging app users to be aware of defrauding schemes. The defaul...

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Sen. Wyden, Reps. Neal and Pallone express concerns over Medicare Advantage plans

By Dave Kovaleski  |   November 5, 2024   |   Featured

A group of Democratic lawmakers recently expressed concerns that Medicare Advantage (MA) is failing to meet its standards. Medicare Advantage is an optional, private insurance alternative to tradit...

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Financial Services Committee Republicans provide input on bank-fintech partnerships

By Dave Kovaleski  |   November 4, 2024   |   Federal

Republican members of the House Financial Services Committee, led by Chair Patrick McHenry (R-MC), provided their input for federal banking regulators on bank-fintech partnerships. In a letter to r...

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CFPB fines Florida credit union for botched online banking rollout

By Dave Kovaleski  |   November 4, 2024   |   Featured

The Consumer Financial Protection Bureau (CFPB) fined VyStar Credit Union for its botched rollout of a new online banking system. In May 2022, VyStar transitioned to a new online banking platform t...

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Treasury releases national strategy to promote inclusion in financial system

By Dave Kovaleski  |   November 1, 2024   |   Federal

The U.S. Department of the Treasury launched an initiative that identifies objectives and recommendations for policymakers, industry, employers, and community organizations on safe financial products ...

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Two pending bills would provide family caregivers with improved retirement security

By Kim Riley  |   November 1, 2024   |   Featured

Two recently introduced congressional bills aim to improve retirement security and help address the financial challenges faced by individuals who leave the workforce to care for loved ones.  U.S. ...

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Sens. Rounds, King urge DOL and DHS to allow more H-2B visas

By Dave Kovaleski  |   November 1, 2024   |   Federal

U.S. Sens. Mike Rounds (R-SD) and Angus King (I-ME) are leading a bipartisan effort to urge the Department of Labor (DOL) and the Department of Homeland Security (DHS) to release the maximum allowable...

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SEC appoints new members to Small Business Capital Formation Advisory Committee

By Melina Druga  |   November 1, 2024   |   Federal

The Securities and Exchange Commission (SEC) recently appointed four new members to the Small Business Capital Formation Advisory Committee. The new members are Jennifer Newton, StartSmart Counsel ...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • Blockchain Association names next CEO
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme

Most Read Last 7 Days

  • Texas signs into law corporate governance litigation bill
  • House subcommittee holds hearing on reauthorizing CISA
  • Commercial mortgage delinquency rates increase in first quarter
  • Sen. Ernst issues report on need to secure American intellectual property
  • Bipartisan bill would help GSE’s develop low-income housing
  • Trump signs into law resolution overturning overdraft cap rule
  • Legislation reintroduced to revert 1099-K threshold level to $20,000 for gig workers
  • ISDA extends digital regulatory reporting platform to cover new rules in Canada
  • Legislation would create private tax-advantaged accounts for newborns
  • Bill calls for accountability for unelected bureaucrats

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