May 16, 2022
OCC Encourages Banks to Explore AI Solutions for RegTech
On Friday (May 13), national and international public officials provided testimony in a public hearing hosted by the House Committee on Financial Services about the use of artificial intelligence (AI)...
May 13, 2022
Treasury Dept. Outlines Strategy to Fight Terrorist Funding, Illicit Finance
The U.S. Department of the Treasury issued its strategy for fighting illicit financing Friday (May 13), highlighting measures designed to make the financial system more transparent. According to a department...
May 12, 2022
BIS Committee Chair Questions Crypto Benefits, Calls for Regulation
On Thursday (May 12), Pablo Hernández de Cos, chair of the Basel Committee on Banking Supervision and governor of the Bank of Spain, warned that fast-paced developments in decentralized finance...
May 12, 2022
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes
The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators, and it recommended changes that...
May 11, 2022
Push to Regulate Stablecoins Gains Momentum as TerraUSD Spirals
When the third largest stablecoin collapsed this week, investors lost more than $25 billion. They’re going to be getting a great deal of attention over the next few days and...
May 11, 2022
Complying with Crypto Sanctions and AML Regulations Is Complex, But...
Compliance has been a big question in the crypto industry for several years as trading firms and those using digital currencies to make and receive payments have come under increasing...
May 09, 2022
EU May Change Crypto Regs to Include NFTs
The European Union is getting closer to adopting new rules for crypto assets, the so-called MiCA regulation (Markets in Crypto Assets) — but the nearer the negotiations between EU institutions...
May 09, 2022
Enthusiasts Need to Recognize Crypto Realities, Payments Exec Advises
Society is ready to adopt a more efficient form of payments, according to Stoyan Kenderov, chief operating officer at Plastiq, a payments, automation and cash flow management company. Whether that’s...
May 06, 2022
EU May Change Crypto Regs to Include NFTs
The European Union is getting closer to adopting new rules for crypto assets, the so-called MiCA regulation (Markets in Crypto Assets) — but the nearer the negotiations between EU institutions...
The Credit Union Innovation Playbook, in collaboration with PSCU, delves into the innovation agendas of players in the credit union ecosystem. Each edition of the Playbook hones in on a specific innovation focus, exploring the differences between how credit union members and leaders prioritize innovation in four select areas: risk and fraud, digital banking, data and analytics, and loyalty.