The Department of the Treasury is seeking expanded powers to combat the use of digital assets in illicit finance. The department provided Congress with recommendations...
The Department of the Treasury has named Andrea Gacki as the new director of the Financial Crimes Enforcement Network (FinCEN). As the current director of the Office of Foreign Assets...
Three federal agencies have launched an inquiry into “high-cost specialty financial products” used to pay for routine medical care. The inquiry will include medical credit cards and...
There may be more bank mergers on the way. Treasury Secretary Janet Yellen told bank executives Thursday (May 18) that the industry may need more mergers, CNN reported...
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...
In today’s top payments news around the world, Glovo raised $530 million in a funding round, while the Department of the Treasury is working with...
The U.S. Department of the Treasury is working with the International Monetary Fund (IMF) to allocate as much as $650 billion in currency aid to...
In today’s top news, the U.S. Department of the Treasury said it would soon begin forgiving Paycheck Protection Program (PPP) loans, and the Department of...
More than 5 million small- to medium-sized businesses (SMBs) received $525 billion from the Paycheck Protection Program (PPP), the popular federal rescue initiative passed by...