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Monday, December 2nd, 2024

Home » Archives for December 2024

The Federal Home Loan Bank of New York awards $70.8M in Affordable Housing Program subsidies

By Melina Druga  |   December 2, 2024   |   Industry

The Federal Home Loan Bank of New York, a Congressionally chartered bank serving financial institutions and housing associates, recently awarded 61 affordable housing initiatives in eight states and P...

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RMA Survey finds cybersecurity, fraud and rapid response key banking risks

By Liz Carey  |   December 2, 2024   |   Featured

A new survey from ProSight Financial Association has found that cybersecurity remains a top priority for chief risk officers in the coming year. In its fourth annual RMA Chief Risk Officer Outlook...

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Cannabis Banking

  • 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
  • Trulieve closes on financing, announces opening of new medical cannabis dispensaries

Digital Currency

  • Blockchain Association outlines priorities for incoming Trump administration
  • Utah Attorney General leads effort to challenge SEC authority on state crypto laws
  • Reps. McHenry, Emmer ask SEC to provide more clarity on digital asset airdrops
  • CFTC partners with ABA and other federal agencies to shed light on “pig butchering” fraud
  • CFTC fines digital asset firm for trading violations

Most Read Last 7 Days

  • Financial industry association urge FDIC to withdraw proposal on brokered deposits
  • Rule will help CFPB supervise payment wallet apps from nonbank companies
  • Fannie Mae, Freddie Mac multifamily loan purchase cap increasing to $73B
  • Blockchain Association outlines priorities for incoming Trump administration
  • ABA survey shows surge in consumers who use mobile banking apps
  • House passes bill to end tax penalties for U.S. hostages, stop financing of terrorists
  • Treasury awards $256M to 256 Community Development Financial Institutions
  • Bipartisan resolution recognizes 100 years of mutual funds
  • SEC filed nearly 600 actions in Fiscal Year 2024
  • Sen. Warren urges Fed not to lift Wells Fargo’s asset cap

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