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Top Stories That Shaped Indonesia’s Fintech Scene in 2024

Fintech News

This initiative aims to advance sustainable development across ASEAN by aligning environmental, social, and governance (ESG) metrics. During the meeting in February 2024, the exchanges formalised their collaboration by establishing a governance structure and operational plan.

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CFPB Issues RFI For Remittance Rule At Urging Of CUNA

PYMNTS

The Consumer Financial Protection Bureau (CFPB) announced Thursday (April 25) that it has issued a request for information on its remittance rule, which had faced calls by the Credit Union National Association for revision. CUNA wants the threshold raised to at least 1,000.

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American Fintech Council Calls for Treasury to Back Innovation by Enhancing Regulatory AI Clarity

The Fintech Times

In June, the Treasury Department issued a request for information on the use of AI in financial services. ” AFC also explained that it recognises the ‘essential’ role of existing consumer protections and governance structures in safeguarding consumer privacy and managing third-party risk.

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Acting CFPB Head Doesn’t Need Additional Funding For Q2

PYMNTS

Mick Mulvaney, President Donald Trump’s appointed acting director of the Consumer Financial Protection Bureau (CFPB), did not request any funding for the watchdog agency in the second quarter budget. He noted there is $177.1 In a press release published Wednesday (Jan.

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