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Thursday, May 15th, 2025

Home » Industry » Page 113

Industry

U.S. Reps. Huizenga, Womack express concerns with SEC rule for private fund advisors

By Dave Kovaleski   |   July 11, 2023   |   Federal

U.S. Reps. Bill Huizenga (R-MI) and Steve Womack (R-AZ) expressed concerns with the Securities and Exchange Commission’s (SEC) proposed new rules for private fund advisors. Specifically, the lawm...

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CSBS Report: Community bankers’ economic outlook reaches lowest recorded level

By Douglas Clark   |   July 10, 2023   |   Industry

A Conference of State Bank Supervisors (CSBS) analysis maintains community bankers' outlook regarding economic conditions has reached lowest recorded level since the survey began in 2019. According...

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Federal agencies are seeking public input on specialty finance products for patients

By Dave Kovaleski   |   July 10, 2023   |   Featured

The Consumer Financial Protection Bureau (CFPB), U.S. Department of Health and Human Services (HHS), and U.S. Department of Treasury are investigating the prevalence of high-cost specialty financial p...

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Report examines Gen X retirement savings approach, expectations

By Douglas Clark   |   July 10, 2023   |   Federal

An Insured Retirement Institute (IRI) research brief maintains millions of Generation X (Gen X) workers will approach retirement uneasy about Social Security and with worries about insufficient retire...

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Senators urge CFPB to protect consumers from AI, voice cloning scams

By Dave Kovaleski   |   July 10, 2023   |   Federal

A group of U.S. senators are urging the Consumer Financial Protection Bureau (CFPB) to take action to protect consumers from scams and fraud caused by artificial intelligence (AI) and machine learning...

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HSBC forms partnerships to protect against cyber threats

By Dave Kovaleski   |   July 7, 2023   |   Featured

HSBC Bank, based in London, has joined BT and Toshiba’s quantum-secured metro network to prepare its global operations against future cyber threats. HSBC is the first bank to join this network, w...

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NCUA touts benefits of minority depository institution credit unions

By Douglas Clark   |   July 7, 2023   |   Federal

National Credit Union Administration (NCUA) officials are espousing the benefits of minority depository institution (MDI) credit unions, maintaining they represent an essential credit union system com...

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Financial services groups take issue with CFPB policy statement on abuse acts

By Dave Kovaleski   |   July 6, 2023   |   Federal

A coalition of financial services associations weighed in this week on the Consumer Financial Protection Bureau’s (CFPB) recent policy statement on governing abusive acts or practices. In a comme...

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CFTC details alleged precious metals fraud consent order

By Douglas Clark   |   July 6, 2023   |   Federal

The Commodity Futures Trading Commission (CFTC) has outlined a federal consent order regarding an alleged precious metals misappropriation and fraud scheme. According to the CFTC, U.S. District Cou...

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Report examines construction manufacturing facilities growth

By Douglas Clark   |   July 6, 2023   |   Industry

The U.S. Department of the Treasury’s Office of Economic Policy has released findings from an analysis examining the construction manufacturing spending uptick in the wake of the Invest in America A...

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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

  • OCC adopts new rules for bank mergers
  • 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
  • Bipartisan bill would help GSE’s develop low-income housing
  • Lawmakers urge reconsideration of Capital One-Discover merger
  • Trump signs into law resolution overturning overdraft cap rule
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • CFPB says it will not prioritize buy now, pay later enforcement
  • Credit Suisse hit with $510M fine for IRS violations

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