Feb 21, 2019 | Banks & Credit Unions, FinTech, News
← Previous Article Next Article → The Conference of State Bank Supervisors (CSBS) recently agreed to implement 14 recommendations from the Fintech Industry Advisory Panel (the Panel). Recommendations include the development of a state model law to license...
Feb 5, 2019 | Banks & Credit Unions, News, Tribal Sovereignty
← Previous Article Next Article → There are more than 30 native-owned banks and credit unions serving underserved communities all across America. Because of these native-owned financial institutions, many people living on or near tribal reservations now have...
Dec 24, 2018 | Banks & Credit Unions, Litigation, News
← Previous Article Next Article → The U.S. Attorney for the Southern District of New York, Geoffrey Berman, has filed a criminal charge against Central States Capital Markets (CSCM), alleging that the broker-dealer violated the Bank Secrecy when it failed to...
Dec 16, 2018 | Banks & Credit Unions, Congressional Legislation, News
← Previous Article Next Article → The Senate Banking Committee, one of the most coveted committees in Congress, has gained two new Democratic members, Senator-elect Kyrsten Sinema (D-AZ) and Senator Tina Smith (D-MN). They will replace Senators Joe Donnelly...
Dec 7, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → The U.S. Postal Service (USPS) should stay away from postal banking, according to a recently released report by the Department of Treasury. The report’s primary goal was to “identify a path for the USPS to operate under a...
Oct 19, 2018 | Banks & Credit Unions, News
← Previous Article Next Article → The Center for Indian Country Development (CICD) has recently unveiled a new interactive map of Native American-owned financial institutions. The map includes the locations and asset sizes of banks, credit unions, and...
