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Wednesday, May 14th, 2025

Home » Industry » Page 101

Industry

CBA among 11 financial associations opposed to credit card competition bill

By Dave Kovaleski   |   September 19, 2023   |   Federal

The Consumer Bankers Association (CBA) is one of 11 trade associations that have raised their voices in opposition to an effort to attach the Credit Card Competition Act to an appropriations bill. ...

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U.S. Chamber report examines impact of technology, AI on small businesses

By Dave Kovaleski   |   September 18, 2023   |   Featured

A new survey and economic analysis from the U.S. Chamber of Commerce looks at the impact that technology platforms have on small businesses and the economy. This analysis found that high technology a...

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Sens. Romney, Cassidy sponsor bill to gradually raise minimum wage

By Dave Kovaleski   |   September 15, 2023   |   Federal

A group of U.S. senators introduced legislation this week that would gradually raise the federal minimum wage to $11 per hour and mandate the use of E-Verify to ensure the wage increase only goes to l...

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Insured Retirement Institute study shows investors prioritize retirement income

By Dave Kovaleski   |   September 15, 2023   |   Featured

Many retirement investors are prioritizing retirement income and asset protection more than growth, according to new research from the Insured Retirement Institute (IRI). The study, which polled f...

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SEC proposed rule amendments to improve access to EDGAR filing system

By Dave Kovaleski   |   September 15, 2023   |   Federal

The Securities and Exchange Commission (SEC) has proposed new rules to improve access to and management of accounts on its EDGAR system. EDGAR, which stands for the Electronic Data Gathering, Anal...

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Trade associations urge SEC not to adopt safeguarding advisory client rule

By Dave Kovaleski   |   September 14, 2023   |   Federal

The Securities Industry and Financial Markets Association (SIFMA), along with the SIFMA Asset Management Group are among 26 associations urging the Securities and Exchange Commission (SEC) not to adop...

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Sens. Wyden, Brown, and Cassidy introduce bill to update SSI

By Dave Kovaleski   |   September 14, 2023   |   Featured

U.S. Sens. Ron Wyden (D-OR), Sherrod Brown (D-OH), and Bill Cassidy (R-LA) introduced legislation to reform the Supplemental Security Income (SSI) program. The SSI Savings Penalty Elimination Act w...

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FHFA to provide more opportunities for public to engage on credit score models

By Dave Kovaleski   |   September 13, 2023   |   Federal

The Federal Housing Finance Agency (FHFA) is rolling out more opportunities for the public to engage with it on the transition to updated credit score models and credit report requirements for loans a...

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Federal regulators approve CME Group’s cross-margining arrangement with Depository Trust & Clearing Corporation

By Dave Kovaleski   |   September 13, 2023   |   Federal

CME Group, the world's leading derivatives marketplace, got approval from federal regulators for its enhanced cross-margining arrangement with the Depository Trust & Clearing Corporation (DTCC). Th...

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IRI suggests modifications for model on insurers use of AI, predictive models

By Dave Kovaleski   |   September 12, 2023   |   Federal

The Insured Retirement Institute (IRI) said modifications should be considered for a proposed model from the National Association of Insurance Commissioners (NIAC) on insurers’ use of algorithms, pr...

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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

  • 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
  • SEC Crypto Task Force to hold crypto custody roundtable

Most Read Last 7 Days

  • Lawmakers urge reconsideration of Capital One-Discover merger
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Bankers fear imminent recession, survey says
  • Forward Air board under fire from activist investor Ancora
  • Legislation would help small businesses bring new technologies to market
  • OCC adopts new rules for bank mergers
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • Credit Suisse hit with $510M fine for IRS violations
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Legislation would promote competition in mobile app marketplace

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