Thursday afternoon, the Boston Federal Reserve and MIT Digital Currency Initiative (DCI) released Phase 1 of Project Hamilton.
Leaders at the Federal Reserve, the OCC and the CFPB spoke at the Consumer Bankers Association annual conference about the need to be more flexible when applying oversight to bank & fintech partnerships; “We need to do a better job of educating our supervision staff, in some cases, in terms of interpretation of the guidance,” said Dan Quan, who leads the CFPB’s Project Catalyst, as reported by American Banker; they also talked about better coordination to ensure consistency in oversight. Source.
A new survey by 12 Federal Reserve banks says 35 percent of small business owners who received loans from fintech...
All eyes are on Wyoming this week as the Federal Reserve will be meeting for its annual Jackson Hole Symposium,...
The OCC and FDIC issued a joint proposal for the overhaul of the Community Reinvestment Act last month while the...
In this week’s PeerIQ Industry Update they cover how the recession has ended almost as fast as it began with...
American Banker reports on a recent study from the Federal Reserve that found small business owners are turning to online...
Like many interested in the crypto space, Crapo has asked for months about the stablecoin report.
A week ago I wrote about the Cleveland Fed report on “p2p lending”. I use that term in quotes because...
The Paycheck Protection Program has seen its fair share of problems since launching and many of these issues could have...