Apr 29, 2022 | Banks & Credit Unions, FinTech, News
Credit Unions Looking Into Fintech Partnerships As consumer expectations change in a trend toward a more digital financial services landscape, credit unions are now exploring new services to remain innovative in a market that is rapidly growing more competitive. As...
Apr 27, 2022 | FinTech, News
Federal Reserve Hiring Private Sector Tech Talent In Push to Evolve with Financial System Federal Reserve chair Jerome Powell recently said that he wants to put the agency at “the forefront of technological changes” in the financial sector, which is driving the Fed’s...
Apr 25, 2022 | Federal Regulation, News
CFPB Releases Report on Financial Challenges Facing Rural Communities Earlier this month, the Consumer Financial Protection Bureau (CFPB) released a report on financial challenges faced by Americans living in rural communities, finding that many of these communities...
Apr 22, 2022 | Federal Regulation, FinTech, News
Yellen Backs Crypto Regulations In a speech at American University earlier this month, Treasury Secretary Janet Yellen outlined the Treasury Department’s plan to regulate digital assets like cryptocurrency, which largely reflects the Biden administration’s priorities....
Apr 20, 2022 | Federal Regulation, News
Biden Picks Michael Barr to be Fed Vice Chair for Supervision Last week, President Biden announced his intent to nominate Michael Barr as the next Federal Reserve Vice Chair for Supervision after his previous choice, Sarah Bloom Raskin, withdrew from consideration...