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Federal Reserve

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
·May. 24, 2018

Federal Reserve Report Shows Why Small Businesses Seek Financing

The 2017 Small Business Credit Survey from the Federal Reserve shows that nearly 60 percent of small businesses applied for financing...
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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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FintechNews RoundupUSA
·May. 23, 2018

SMBs Starting to Become more Satisfied with Fintech Lenders

A new survey by 12 Federal Reserve banks says 35 percent of small business owners who received loans from fintech...
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