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Federal Reserve

FintechNews RoundupUSA
·May. 1, 2020

The Federal Reserve Expands Access to the PPP Liquidity Facility

Late yesterday the Federal Reserve announced that it was expanding access to the PPP Liquidity Facility to allow additional lenders;...
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FintechNews RoundupUSA
·Apr. 9, 2020

The Fed is the Key Player for Success in Stimulus Funding to SMBs

The Paycheck Protection Program has seen its fair share of problems since launching and many of these issues could have...
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FintechNews RoundupUSA
·Mar. 27, 2020

Fed’s New TALF Program Misses a Big Component of ABS Markets

During the last financial crisis the Federal Reserve created a new program called the Term Asset-Backed Securities Loan Facility (TALF);...
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FintechNews RoundupUSA
·Feb. 24, 2020

OCC Chief Courting Big Bank CEOs on CRA Reform

The head of the OCC, Joseph Otting, has been personally lobbying big bank CEOs to win support for his plans...
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FintechNews RoundupUSA
·Feb. 11, 2020

Varo Breaks New Ground With FDIC Approval For National Bank Charter

Due to the regulatory environment in the US digital banking startups have opted to partner with banks to offer banking...
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FintechNews RoundupUSA
·Apr. 15, 2020

New Data Shows Customers Trust Their Banks

Trust in banks was crushed during the financial crisis and as recently as last year banks ranked only ahead of...
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FintechNews RoundupUSA
·Apr. 9, 2020

Fed Raises Makes Changes to Wells Fargo’s Asset Cap

The Federal Reserve is making changes to the asset cap on Wells Fargo in order to get more money into...
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FintechNews RoundupUSA
·Feb. 28, 2020

How the Fed Has Dropped the Ball on Faster Payments

In an American Banker op-ed George Selgin of the Cato Institute and Aaron Klein of the Brookings Institution write a...
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FintechNews Roundup
·Feb. 24, 2020

Former CFTC Chairman Says Fed Should Introduce a Digital Currency

Christopher Giancarlo, the former chairman at the Commodity Futures Trading Commission, said at a recent forum that the Federal Reserve...
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FintechNews RoundupUSA
·Feb. 3, 2020

The Ripple Effects of Closing Bank Branches

From 1934 to 2009 there were only two years where bank branches declined and we are now headed towards the...
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