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The Federal Reserve seeks comment on new guidelines for Fed Regional Banks to consider when deciding whether to extend Fed membership or services to nontraditionally chartered entities.
Weekly Fintech Focus The Federal Reserve seeks comment on new guidelines for Fed Regional Banks to consider when deciding whether to extend Fed membership or services to nontraditionally chartered entities. California DFPI enters a settlement with a fintech company to stop the use of the word “bank” in its name, website URL, and advertising, and requires clear disclosure of the fintech’s bank partnership. Federal Reserve Seeks Comments on Guidelines for Fintechs Receiving Fed Accounts and Services The Federal Reserve System (the Fed) issued a request for comment on new guidelines for th...