standards

CFPB Aims to to Speed Shift to Open Banking in the U.S.
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. The U.S. consumer watchdog on Wednesday (June 5)...

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Lenders Tighten Credit Requirements Amid New Reporting Rules
Lenders Tighten Credit Requirements Amid New Reporting Rules
June 29, 2020  |  Loans

It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. The major reason...

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Afinis Enables Payments API Standardization Testing
Afinis Enables Payments API Standardization Testing
March 22, 2020  |  B2B Payments

Nacha-owned membership organization Afinis Interoperability Standards is teaming up with Findland-based XMLdation to automate application programming interface (API) standardization in the payments space, Nacha announced....

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Mastercard: Why A Truly Connected Economy Needs A New Security Paradigm
Mastercard: Why A Truly Connected Economy Needs A New Security Paradigm
February 07, 2020  |  Internet of Things

Flash back a few years and everyone had one or maybe two connected devices. There were the smartphones we all had, with a heavy sprinkling...

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FAA To Propose Safety Standards For Delivery Drones
FAA To Propose Safety Standards For Delivery Drones
February 03, 2020  |  Regulation

The Federal Aviation Administration (FAA) is planning to enact new standards for unmanned drones, which could be the first step toward the eventual mainstream acceptance...

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Small Businesses’ Biggest Lease Accounting Pitfalls
Small Businesses’ Biggest Lease Accounting Pitfalls
January 30, 2020  |  B2B Payments

New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards...

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Investment Banks Want Better Standards For Clearing Houses
Investment Banks Want Better Standards For Clearing Houses
October 24, 2019  |  Regulation

Asset managers like BlackRock and Vanguard, along with investment banks, have banded together to ask clearing houses to create larger safety buffers and more stringent...

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UK Tightens Accounting Standards As Corporate Collapses Continue
UK Tightens Accounting Standards As Corporate Collapses Continue
October 01, 2019  |  B2B Payments

More high-profile corporate collapses in the U.K. have led the Financial Reporting Council (FRC) to enact more stringent accounting standards, The Guardian reported on Monday...

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Financial Action Task Force Keeping Tabs On Libra
Financial Action Task Force Keeping Tabs On Libra
September 10, 2019  |  Cryptocurrency

The Paris-based Financial Action Task Force (FATF), an organization which acts as the standard-setter for anti-money laundering (AML) standards around the globe, said it is...

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