246 results about this entity
Period: 17 Feb 2006 - 17 Jan 2025
News/crime
American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers.
10 hours
News/crypto
Stablecoins are going mainstream and could grow to rival credit and debit cards, predicts a payments expert at the Atlanta Fed.
15 January 2025
News/regulation
US financial services regulators should take the reins on fintech oversight and stop expecting banks to independently police the sector, say the Bank Policy Institute and the Clearing House Association.
04 November 2024
News/payments
Federal Reserve governor Christopher Waller has cautioned against the clamour to interlink national fast payment systems, insisting that the US is focused on building up its FedNow network domestically.
02 September 2024
Company announcement/regulation
The Federal Reserve Board on Friday announced the termination of an enforcement action with Silvergate Bank and its holding company, Silvergate Capital Corporation, both of La Jolla, California.
26 July 2024
US banking regulators have issued a warning on the potential risks associated with third-party deposit arrangements and made a call for more information on the relationships between lenders and fintechs.
The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards and its tax return preparation payment services.
22 July 2024
Citi has been fined $135.6 million by US regulators for failing to make enough progress on fixing risk management and data governance deficiencies four years on from a cease and desist order.
12 July 2024
The parent company of crypto-focused bank Silvergate has agreed to pay $63 million to settle US regulatory charges about its anti-money laundering programme and the losses sustained during the collapse of FTX.
02 July 2024
News/security
Days after claiming that it had hacked the US Federal Reserve, the Russia-linked LockBit ransomware gang has posted stolen customer data from Evolve Bank & Trust on the dark web.
26 June 2024
The Federal Reserve has developed a tool, called the ScamClassifier model, to help the payments industry improve scam reporting, detection and mitigation.
25 June 2024
News/sustainable
According to a climate scenario analysis by the Federal Reserve, American banks are set to experience challenges in predicting the impact of climate change on their loan books due data and modelling difficulties.
10 May 2024
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.