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Company invites individual and institutional investors, as well as advisors, to attend interactive, real-time virtual event...

Press release content from Business Wire. The AP news staff was not involved in its creation.

[co-authors: Stephanie Duchesneau and Samuel Klein] Weekly Fintech Focus Federal financial regulators extend the deadline for responding to its request for information about financial institutions’ use of AI. The CFPB issued FAQs on electronic funds transfers under EFTA and Regulation E to address issues related to fraud and private network rules. The Federal Reserve proposed a rule to update the Durbin Amendment/Reg. II to ensure two debit networks are available, including for card-not-present transactions. The Federal Reserve proposed a rule to apply Regulation J to FedNow transactions a...

On May 24, the Conference of State Bank Supervisors (CSBS) released that it is seeking public comment on proposed nationwide licensing requirements for money service businesses (MSBs)....

Search Conference of State Bank Supervisors Targets OCC Chartering Authority of Fintechs in Lawsuit, Points Finger at Figure Technologies The Office of the Comptroller of the Currency (OCC), as well as Acting Comptroller Brian Brooks, regarding the agency’s ability to issue federal bank charters to Fintechs. The complaint mentions Figure Technologies, a blockchain-based Fintech in the lending sector, specifically. The CSBS is the national organization representing bank regulators from all 50 states. John W. Ryan, CEO and President of the CSBS, issued the following statement on the lawsui...