244 results about this entity
Period: 17 Feb 2006 - 04 Nov 2024
News
If blockchain technology become a major part of the financial service scene, regulators may have to start putting "supervisory nodes" on networks in order to properly monitor the industry and prevent future economic crises, says a Federal Reserve Bank of Boston paper.
01 May 2019
Company announcement/regulation
The Financial Conduct Authority (FCA) has fined Standard Chartered Bank (Standard Chartered) £102,163,200 for Anti-Money Laundering (AML) breaches in two higher risk areas of its business.
09 April 2019
The Federal Reserve Board on Wednesday published a final rule implementing policy changes to procedures governing the provision of intraday credit to U.S. branches and agencies of foreign banking organizations (FBOs).
03 April 2019
The Federal Reserve Bank of New York has set up a fintech advisory group, bringing together expertise from the worlds of financial services, technology, academia and non-profits.
28 March 2019
Company announcement/security
The Federal Reserve today announced the members of its Fraud Definitions Work Group, the latest initiative to advance the Federal Reserve's strategy for improving the U.S. payment system.
18 March 2019
News/security
The New York Federal Reserve is to assist Bangladesh Bank in a legal challenge to recoup $81 million stolen in a massive cyber heist in 2016.
04 February 2019
The ongoing shutdown of the US government, sparked by a disagreement over funding for border security, is starting to impinge on the US fintech industry, according to reports.
11 January 2019
US regulators have promised not to penalise banks that use artificial intelligence tools to spot gaps in existing anti-money laundering programmes, paving the way for the use of new technologies to tackle illicit financial activity.
04 December 2018
Company announcement/ai
Although it is still early days, it is already evident that the application of artificial intelligence (AI) in financial services is potentially quite important and merits our attention.
13 November 2018
Company announcement/payments
The value of fraudulent noncash payments in the United States rose significantly between 2012 and 2015--outpacing growth in noncash payments overall, according to a new report based on Federal Reserve Payments Study data.
16 October 2018
News/payments
The Federal Reserve Board is calling for public comment on its plans to build a real time gross settlement (RTGS) system that finally brings faster payments to America.
04 October 2018
The federal depository institutions regulators and the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) today issued a statement to address instances in which certain banks and credit unions may decide to enter into collaborative arrangements to share resources to manage their Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations more efficiently and effectively.
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