Extension news and trends

Federal Reserve Eases Statement Reporting Timeline For Banks
Coronavirus // March 26, 2020

The Federal Reserve announced Thursday (March 26) that it’s going to give financial institutions (FIs) an extra 30 days to file their financial statements, which are due at the end of March. The Fed said in a press release that banks with under $5 billion...

PSD2, SCA And Exemptions To The Extension
Authentication // July 23, 2019

There may be extensions to Strong Customer Authentication's (SCA) rollout this fall — and there may not. And, there may be exemptions granted by the EBA — and there may not. Ekata CEO Rob Eleveld tells Karen Webster why exemptions and extensions point to a...

Interviews & Exclusives
PSD2, SCA And Exemptions To The Extension

July 23, 2019
There may be extensions to Strong Customer Authentication's (SCA) rollout this fall — and there may not. And, there may be exemptions granted by the EBA — and there may not. Ekata CEO Rob Eleveld tells Karen Webster why exemptions and extensions point to a larger issue surrounding the second Payment Services Directive (PSD2) regulation.

Quick Reads
Senate Passes Bill To Extend PPP For SMBs

June 03, 2020
The U.S. Senate passed a bill Tuesday (June 3) amending the way the Paycheck Protection Program (PPP) works, extending the time for small- to medium-sized businesses (SMBs) to use the money from eight weeks to 24 weeks, CNN reported. It also gives business owners more flexibility on how much has to go toward payroll. Prior […]

Federal Reserve Eases Statement Reporting Timeline For Banks

March 26, 2020
The Federal Reserve announced Thursday (March 26) that it’s going to give financial institutions (FIs) an extra 30 days to file their financial statements, which are due at the end...