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Wednesday, May 14th, 2025

Home » Industry » Page 98

Industry

Credit Union group calls on CFPB to be transparent about AI usage

By Liz Carey   |   October 11, 2023   |   Featured

The National Association of Federally-insured Credit Unions is asked the U.S. Consumer Financial Protection Bureau to be more transparent about potential supervisory use of artificial intelligence (AI...

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CFTC charges company with fraud in foreign currency scheme

By Dave Kovaleski   |   October 11, 2023   |   Federal

The Commodity Futures Trading Commission (CFTC) filed a civil complaint in the U.S. District Court for the Eastern District of New York against Technical Trading Team (TTT) and a few of its executives...

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Financial industry groups urge lawmakers to reconsider proposed cap on loan interest rates

By Dave Kovaleski   |   October 10, 2023   |   Featured

A group of seven leading financial groups voiced their collective opposition to a proposal that would impose an interest rate cap of 36 percent on consumer loans. The proposal, by Sen. Jack Reed (D...

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Iowa Credit Union launches financial inclusion grant initiative

By Liz Carey   |   October 10, 2023   |   Industry

In an effort to confront challenges faced by Iowa’s most vulnerable communities, Iowa Credit Union Foundation (ICUF) announced a new initiative to address barriers to financial well-being for minori...

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U.S. Chamber announces seven finalists for America’s Top Small Business award

By Dave Kovaleski   |   October 10, 2023   |   Federal

The U.S. Chamber of Commerce announced the seven finalists for its “America’s Top Small Business” Awards. The finalists, chosen among a record of more than 15,000 applicants, stand out for th...

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New report looks at need for innovation among financial institutions

By Dave Kovaleski   |   October 6, 2023   |   Featured

A new report on innovation in the financial sector found that establishing a tech-driven organizational culture is imperative for financial institutions for survival. A key finding of the report, c...

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FINRA, SEC and MSCB to host webcast for municipal market professionals

By Dave Kovaleski   |   October 5, 2023   |   Featured

Registration is now open for a virtual Compliance Outreach Program for municipal market professionals, a free webcast sponsored by the Securities and Exchange Commission (SEC), Municipal Securities Ru...

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Legislators launch investigation into Medicaid Manage Care Plan

By Liz Carey   |   October 5, 2023   |   Federal

U.S. Sen. Ron Wyden (D-OR) and U.S. Rep. Frank Pallone, Jr. (D-NJ) announced Tuesday they were launching an investigation into where Medicaid Managed Care Organizations (MCOs) are improperly using pri...

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Intercontinental Exchange uses electronic warehouse warrants for commodity delivery

By Dave Kovaleski   |   October 4, 2023   |   Industry

Intercontinental Exchange (ICE), which runs various exchanges, announced the successful delivery of London Cocoa using fully electronic warehouse warrants. This is notable because it marks the firs...

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CFTC proposes rule to amend certain compliance requirements

By Dave Kovaleski   |   October 4, 2023   |   Federal

The Commodity Futures Trading Commission (CFTC) proposed a new rule to amend a provision that provides exemptions from certain compliance requirements for commodity pool operators (CPOs). Specifica...

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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
  • Credit Suisse hit with $510M fine for IRS violations
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • 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
  • Tariffs have begun harming small businesses, according to Senate committee report

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