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Home » Industry » Page 249

Industry

State attorneys general urge SEC to allow full public input regarding environmental, social, and governance investing

By Douglas Clark   |   October 28, 2022   |   Federal

Montana Attorney General Austin Knudsen has joined 17 other state attorneys general in requesting the Security and Exchange Commission (SEC) allow public input regarding environmental, social, and gov...

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Sen. Brown reminds Fed chair of mandate to also maintain full employment

By Dave Kovaleski   |   October 27, 2022   |   Federal

U.S. Sen. Sherrod Brown (D-OH) is reminding the Federal Reserve not to hurt employment rates to reduce inflation. In a letter to Federal Reserve Board Chair Jerome Powell, Brown said it is the Fedâ...

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FDIC survey says number of Americans who are banked reaches all-time high

By Dave Kovaleski   |   October 27, 2022   |   Featured

A new Federal Deposit Insurance Corporation (FDIC) survey found that nearly 96 percent of U.S. households were banked in 2021. The FDIC’s biennial 2021 National Survey of Unbanked and Underbanked...

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Report examines global credit union digitization focus

By Douglas Clark   |   October 27, 2022   |   Industry

World Council of Credit Unions’ (WOCCU) 2021 Statistical Report findings maintain the global credit union movement's chief priority is digitization. “Despite the COVID-19 pandemic continuing to...

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New study examines impact of inflation on auto insurance

By Dave Kovaleski   |   October 26, 2022   |   Featured

The American Property Casualty Insurance Association (APCIA) released a white paper this week examining how auto insurance is impacted by inflation. The paper, entitled "The New Normal? Auto Insure...

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FHFA to eliminate upfront fees for upfront fees for certain Fannie, Freddie loans

By Dave Kovaleski   |   October 26, 2022   |   Federal

The Federal Housing Finance Agency (FHFA) is making changes to Fannie Mae and Freddie Mac's guarantee fee pricing by eliminating upfront fees for certain borrowers and loan products. Specifically,...

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Survey examines consumer payment experience preferences

By Douglas Clark   |   October 25, 2022   |   Industry

Findings from a survey conducted by the software company Entrust maintain domestic consumers expect payment experiences that include seamless self-service capabilities, flexible payment options, and a...

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FINRA introduces new machine-readable rulebook tool

By Dave Kovaleski   |   October 25, 2022   |   Featured

The Financial Industry Regulatory Authority (FINRA) launched a machine-readable rulebook initiative designed to help member firms better search for data while enhancing compliance, reducing costs, and...

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SEC fines Mattel $3.5M for misstatements on financial reports

By Dave Kovaleski   |   October 25, 2022   |   Federal

The Securities and Exchange Commission (SEC) settled charges with Mattel Inc. related to misstatements by the company in its third- and fourth-quarter 2017 financial statements. The company has ag...

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U.S. Bank, Adobe detail customer experience collaboration

By Douglas Clark   |   October 25, 2022   |   Industry

U.S. Bank and Adobe officials are touting a collaboration the entities maintain provides enhanced online and in-branch customer experiences personalized to individuals’ needs and interests. The A...

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Cannabis Banking

  • Bill to provide cannabis businesses with banking services introduced in House
  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • 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

Digital Currency

  • Agencies ask for public comment on proposed stablecoin regulations
  • Rep. Arrington introduces bill to close tax loopholes in digital asset market
  • Legislation to protect seniors from crypto ATM scams introduced
  • SIFMA makes recommendations for FinCEN on AML proposal for stablecoin issuers
  • Rep. Kustoff introduces bill to treat digital assets like other financial instruments

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  • ROAD to Housing act becomes law
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