financial institutions

PSD3’s Global Reach Brings US Financial Firms New Compliance Challenges

PSD3’s Global Reach Brings US Financial Firms New Compliance Challenges
PSD3’s Global Reach Brings US Financial Firms New Compliance Challenges
January 06, 2025  |  Bank Regulation

The newest update to the Payment Services Directive, PSD3, has been two years in the making, and final guidelines are expected to come this year....

READ MORE >
Four Trends That Show the Future of Cross-Border Payments
Four Trends That Show the Future of Cross-Border Payments
December 31, 2024  |  Cross-border Payments

The global economy is an intricate web of transactions, and cross-border payments serve as its financial backbone. Get the Full Story Complete the form to...

READ MORE >
Fed Issues Action Against Lineage Financial Separate from Synapse Case
Fed Issues Action Against Lineage Financial Separate from Synapse Case
December 19, 2024  |  Bank Regulation

The Federal Reserve Board has announced an enforcement action against Franklin, Tennessee-based Lineage Financial Network, the bank holding company of Lineage Bank. Get the Full Story Complete the...

READ MORE >
Banks Step Up Due Diligence on Non-Bank Borrowers
Banks Step Up Due Diligence on Non-Bank Borrowers
December 13, 2024  |  Bank Regulation

For banks, the ever-expanding push into global markets also has included a broadening of lending activities — to the tune of trillions of dollars. Get...

READ MORE >
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
CFPB’s Overdraft Rule May Move Banks to Cut Services and a ‘Credit Lifeline’ for Consumers
December 12, 2024  |  Consumer Finance

The new (and reportedly final) rule on overdraft fees may have consumer groups — and consumers — cheering. Get the Full Story Complete the form...

READ MORE >
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says
December 11, 2024  |  Regulation

Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. Get the Full Story Complete the form to...

READ MORE >
Google Cloud and Swift Partner on AI Model Training
Google Cloud and Swift Partner on AI Model Training
December 10, 2024  |  artificial intelligence

Google Cloud and Swift are working together to develop a secure, privacy-preserving solution for financial institutions that use federated learning techniques. Get the Full Story Complete...

READ MORE >
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

READ MORE >
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. Get the Full Story Complete the form to unlock this...

READ MORE >