Fintech Finance

JULY 2, 2025

Department of the Treasury late yesterday urging prompt action to fully transition to secure, modern electronic payment methods and minimize the use of checks. Many of these checks are acquired through mail theft. According to a FinCEN study examining reports from February to August 2023, mail theft alone resulted in $688 million in losses.

Treasury 52

Treasury Checks SWIFT Treasury Checks 52

Payments Dive

JULY 1, 2025

“We are uniquely positioned to help the Treasury meet its goals under the executive order to modernize federal disbursements, enhance financial inclusion, and reduce improper payments,” the letter said. request for information. A Treasury Department spokesperson did not respond to a request for comment Monday.

Zelle 78

Zelle Treasury Request for Information Privacy 78

PYMNTS

JANUARY 23, 2019

Deutsche Bank’ s handling of billions of dollars in suspicious transactions from Danske Bank’ s Estonian branch is raising the ire of the Federal Reserve, which is looking into it. According to Bloomberg, the Federal Reserve’s inquiry is at an early stage and is looking at whether or not the U.S.

Fed 55

Fed Money Laundering Federal Reserve Law Enforcement 55

PYMNTS

NOVEMBER 14, 2018

The Federal Deposit Insurance Corporation (FDIC) announced that it is has issued a request for public comments related to small-dollar lending by financial institutions. In addition, research from the Federal Reserve revealed that if faced with an unexpected $400 expense, four in 10 U.S.

FDIC 51

FDIC Federal Reserve Request for Information On-Demand 51

PYMNTS

OCTOBER 26, 2018

The Federal Reserve raised this issue way back in 2012 when it released a report linking the importance of companies’ access to remittance data with their adoption of electronic B2B payments. In corporate banking and payments, the challenges that arise can be vast.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

PYMNTS

MARCH 5, 2018

Securities and Exchange Commission issued scores of subpoenas and Requests for Information (RFIs) focused on initial coin offerings (ICOs). That oversight might extend to agencies including the Federal Reserve Board and the Comptroller of the Currency. On the one hand, the move is hardly unexpected.

Consumer Financial Protection Bureau (CFPB) 49

Consumer Financial Protection Bureau (CFPB) Request for Information Bitcoin Cryptocurrency 49

PYMNTS

MAY 9, 2016

Treasury, Congress, Securities and Exchange Commission, Federal Reserve and Securities and Consumer Financial Protection Bureau have all initiated their own action in the marketplace SME lending sphere. So far, industry analysts widely agree that authorities are taking a gentler approach to the alternative lending space.

Regulations 40

Regulations Request for Information Small Business Federal Reserve 40