treasury

Treasury Secretary: US Will Police Cryptocurrencies
Treasury Secretary: US Will Police Cryptocurrencies
July 18, 2019  |  Security & Fraud

US Treasury Secretary Steven Mnuchin said his department will use “very, very strong” regulations to ensure that bitcoin and other cryptocurrencies don’t become “the equivalent...

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US Treasury Secretary Sees Libra As National Security Threat
US Treasury Secretary Sees Libra As National Security Threat
July 16, 2019  |  Facebook

U.S. Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. Get the Full Story Complete the form to...

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Weighing Faster Payments Opportunity And Risk For Corporates
Weighing Faster Payments Opportunity And Risk For Corporates
June 27, 2019  |  B2B Payments

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. In the U.S., accelerated transaction is gaining speed,...

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JPMC Marks X-Border Milestone In China
JPMC Marks X-Border Milestone In China
June 21, 2019  |  Payments Innovation

JPMorgan has announced the launch of its E-Customs Payment Solution, making it the first foreign bank in China to fully digitize and automate cross-border payments...

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G7 Raises Concerns Over Facebook’s Libra
G7 Raises Concerns Over Facebook’s Libra
June 19, 2019  |  Cryptocurrency

Facebook’s Tuesday (June 18) news of the launch of its Libra cryptocurrency was heard around the world, and the Group of Seven (G7) nations definitely...

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UK Government Won’t Delay ‘Loan Charge’ Policy
UK Government Won’t Delay ‘Loan Charge’ Policy
March 26, 2019  |  Loans

Her Majesty’s Revenue and Customs (HMRC) has refused to delay a “loan charge” policy for tens of thousands of individuals in the U.K. who are...

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UK Says ‘No’ To Small Business Loan Regulation
UK Says ‘No’ To Small Business Loan Regulation
January 14, 2019  |  B2B Payments

The U.K. government has reportedly rejected recommendations by the Treasury Select Committee that suggested stricter regulations on bank lending to small businesses (SMBs). Reports in...

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UBS Fined $14.5M For Violating Bank Secrecy Act
UBS Fined $14.5M For Violating Bank Secrecy Act
December 17, 2018  |  Regulation

The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has assessed a $14.5 million fine against UBS Financial Services...

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