Tag: Federal Reserve

Global financial markets could face a severe downturn if investor confidence in AI or the independence of the U.S. Federal Reserve weakens, according to...

The Bank Secrecy Act (BSA), enacted in 1970, remains a cornerstone of the United States’ fight against financial crime. Its purpose is to ensure...

Private credit has evolved from a niche market into one of the fastest-growing areas of alternatives, with assets under management now above $1.7tn and...

The Federal Reserve predicted in 2022 that the benefits of instant payments would be critical for financial institutions seeking to remain competitive. That prediction...

Mounting trade and budget deficits are pushing the US economy into increasingly precarious territory, LSEG Data & Analytics has reported.

Smaller financial institutions are facing mounting structural challenges in meeting anti-money laundering (AML) requirements, despite being held to the same regulatory standards as their...

The US Federal Reserve has opted to keep interest rates unchanged, a move that was widely anticipated by market participants.

The Federal Deposit Insurance Corporation (FDIC) has announced three enforcement actions against Discover Bank, headquartered in Greenwood, Delaware, in response to longstanding issues with...

Key Lending Technology investment stats up to Q3 2023 • Lending Technology deal activity is on track to reach 521 transactions in 2023, a 15%...

In an endeavour to modernise financial transactions, the Federal Reserve launched its instant payment platform, the FedNow Service.