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Federal Reserve

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
·Jan. 13, 2020

Neutral Rate Concerns, Goldman Increases Transparency and Auto & Credit Card Delinquencies Trend Higher

In this week’s PeerIQ Industry Update they cover the concerns former Fed Chair Ben Bernanke raised about the neutral rate...
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FintechNews RoundupUSA
·Apr. 17, 2019

Small Business Owners Continue to Turn to Online Lenders

American Banker reports on a recent study from the Federal Reserve that found small business owners are turning to online...
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FintechNews RoundupUSA
·Jan. 14, 2019

Fintechs Hesitant Regarding U.S. Investment Without Access to Fed Resources

While both the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp are examining the possibility...
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FintechNews RoundupUSA
·Jan. 11, 2019

The Government Shutdown is Hurting Fintech

While the government shutdown continues, the impact on federal workers is painfully evident; it is also starting to create serious...
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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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FintechNews RoundupUSA
·Jan. 10, 2020

The Fed and OCC-FDIC at an Impasse Over CRA Reform

The OCC and FDIC issued a joint proposal for the overhaul of the Community Reinvestment Act last month while the...
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FintechNews RoundupUSA
·Mar. 5, 2019

US Credit Debt Ended 2018 at Record Highs

US credit card debt was $870 million as of December 2018 according to data from the Federal Reserve, an increase...
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FintechNews RoundupUSA
·Jan. 14, 2019

Flexible Rate Hikes Affirmed as Global Slowdown Concerns Fed

Federal Reserve Chairman Jerome Powell has reiterated the central bank would be patient in raising interest rates this year after...
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FintechNews RoundupUSA
·May. 24, 2018

Federal Reserve Keeping Close Eye on Amazon and Other Tech Companies

According to Bloomberg, Fed Vice Chairman Randal Quarles is concerned about tech companies providing financial services; while no moves have...
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