New executive order mandates a general transition to electronic payments and the elimination of paper checks for federal payments, such as distributing tax refunds, Social Security benefits, veterans' benefits, and other key...more
3/31/2025
/ Cybersecurity ,
Data Privacy ,
Executive Orders ,
Financial Services Industry ,
FinTech ,
Fraud Prevention ,
Payment Systems ,
Popular ,
Regulatory Reform ,
Trump Administration ,
U.S. Treasury
Recent announcements by Trump Media and Technology Group (TMTG) and X might signal that financial modernization may have finally reached a tipping point. With the right regulatory environment, fintechs and other new market...more
2/6/2025
/ Bitcoin ,
Cryptocurrency ,
Digital Assets ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Fintech Charter ,
OCC ,
Payment Systems ,
Popular
In the absence of modern charters and licenses, payments companies and other fintechs—both established financial services providers and new market entrants—must generally obtain 50+ money transmitter and possibly other state...more
11/25/2024
/ Bank Holding Company Act ,
Banks ,
Cryptocurrency ,
Deposit Insurance ,
FDIC ,
Federal Reserve ,
Financial Services Industry ,
FinTech ,
Licenses ,
National Bank Act ,
National Bank Charters ,
OCC ,
Payment Systems ,
Popular ,
Virtual Currency