Cap One could dodge law requiring added processing capacity
Capital One could be excluded from the proposed Credit Card Competition Act of 2023 if its acquisition of Discover Financial ...
Tag: Congress
Weekly Wrap: China pushes U.S. to take central bank digital currency seriously
This week, Bank Automation News delves into a House committee’s inquiry into a potential central bank digital currency (CBDC), and ...
OCC reports on proposed innovation pilot program to Congress
On Tuesday, Beth Knickerbocker, the chief innovation officer for the Office of the Comptroller of the Currency (OCC), delivered testimony ...
U.S. Congress Launches Task Forces for Fintech, AI
The U.S. House Financial Services Committee has unanimously adopted two resolutions establishing task forces for fintech and artificial intelligence. The ...
The Facebook Files: Here’s the Financial User Data Facebook Really Is — and Is Not — Sharing
There are boundaries, with a fair amount of grey areas, around what financial data Facebook will share with its partners, ...
Congress Should Act on Fintech Regulations Before It’s ‘Too Late’
Congress should seriously consider how fintech is impacting financial services, Rep. Emanuel Cleaver said during an interview yesterday with American ...
Congressman to Host Bitcoin Demo Day in D.C.
Congressman Polis will be hosting the bitcoin demo day in Washington D.C., which will be held later this month.
Bitcoin is Out of Control
A month ago you could buy a bitcoin from Mt.Gox for under $200. Last week, it would have cost you ...
Even if Government Shuts Down, Expect Business as Usual at Bank Regulators
How will a government shutdown affect the regulatory bodies that cover banking? It seems that since the agencies's funding is ...
