non-banks

FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
FDIC Warnings and ‘False’ Deposit Insurance Claims Spotlight Non-Bank Risks
June 11, 2024  |  Consumer Finance

The headlines swirl around Synapse’s bankruptcy and customers’ tales of being frozen out of their accounts. The FinTech space is always evolving, and the ongoing...

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House GOP Targets Shadow Bank Regulations
House GOP Targets Shadow Bank Regulations
April 18, 2024  |  Regulation

A top House Republican wants to overturn a recent federal regulation governing non-bank financial companies. Rep. French Hill (R-Ark.) introduced a resolution Wednesday (April 17) that would yank the...

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Treasury OKs New Rules for Monitoring Non-Bank Financial Risk
Treasury OKs New Rules for Monitoring Non-Bank Financial Risk
November 05, 2023  |  Regulation

American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. The U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) on Friday (Nov. 3) announced it...

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TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
TCH: Consumers Want Bank Stablecoins but Regulators Block the Path
November 18, 2022  |  Cryptocurrency

FTX’s meltdown and crypto’s whipsaw gyrations continue to shake retail investors, many of whom will be wiped out. Institutional investors are shying away from the...

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FinCEN Deputy Director Talks Reform, NBFI Supervision
FinCEN Deputy Director Talks Reform, NBFI Supervision
September 11, 2019  |  Regulation

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept....

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SMB Satisfaction With Alt Lenders Wanes
SMB Satisfaction With Alt Lenders Wanes
April 22, 2019  |  Loans

Might banks be making inroads into the hearts and minds of smaller firms as they seek out capital – as some SMBs cite at least some...

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