US Treasury, banks drill down on AML
Banks are leveraging automation in transactions to weed out suspicious activity from fraudsters, and the U.S. government is taking action ...
Tag: US Treasury
Crypto DeFi firms may need more oversight, global watchdog says
Crypto firms that offer stablecoins, blockchain-based decentralized finance apps and services supporting peer-to-peer transactions may be required to keep tabs ...
U.S. Treasury’s ransomware crackdown: What it means for banks and FIs
The Biden administration this week announced new security guidance to target those who facilitate ransomware payments, laying out an action ...
Mnuchin Prefers Private Over Government Solutions to Data Collection, Use
WASHINGTON, D.C. — U.S. Secretary of the Treasury Steven Mnuchin said today that he prefers private over government solutions when ...
OCC Moves Ahead with Long-Planned and Much-Discussed Fintech Charter
It’s good news for fintechs in lending and payments that want a federal banking license, the Office of Comptroller of ...
What Is the Pay.gov Deal Really Worth to PayPal & Dwolla?
On the surface, the deal making PayPal and Dwolla payment options on Pay.gov, the US Treasury's online payments hub, looks ...
